by Lara | Aug 29, 2017 | US Oil |
Last week’s analysis expected more downwards movement. Summary: Expect a new strong wave down has begun. Target 34.34. Stops may be set just above the invalidation point at 50.22. Invest only 1-5% of equity on any one trade. Look out for Oil to start falling...
by Lara | Aug 28, 2017 | Gold, Gold Historical |
Upwards movement was expected to continue to a target at 1,317. Price has reached 5.03 above the target. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains below the bear market trend...
by Lara | Aug 27, 2017 | Gold |
An outside day on Friday finally saw some volatility return to the market. While the short term structure on the hourly Elliott wave count is changed, the expectation for the short term remains the same. Summary: Upwards movement may continue early next week to a...
by Lara | Aug 24, 2017 | Gold |
Another small range inside day suggests a small Pennant may be forming. A new Elliott wave count sees a possible triangle completing. Summary: The breakout for the short term is expected to be upwards after sideways movement ends. It may end before 1,317.52, or it may...
by Lara | Aug 24, 2017 | Silver |
Upwards movement was expected last week for Silver. Price has moved sideways, with a slightly higher high. Summary: Silver may see a pullback here to about 16. Thereafter, the upwards trend may resume. New updates to this analysis are in bold. Last monthly chart is...
by Lara | Aug 23, 2017 | Gold |
Upwards movement for Wednesday’s session has unfolded as expected from both the main and alternate Elliott wave counts. Summary: Upwards movement may end this week below 1,315.81. Thereafter, there may be a sharp trend change and a violent downwards movement....
by Lara | Aug 22, 2017 | Gold |
Upwards movement was expected for Tuesday’s session. Price has moved sideways to complete an inside day. The Elliott wave counts are changed a little. Summary: Upwards movement may end within the next 24 hours below 1,315.81. Thereafter, there may be a sharp...
by Lara | Aug 21, 2017 | US Oil
A new low below 46.86 invalidated the main Elliott wave count and provided confidence in the alternate. Summary: Expect a new strong wave down has begun. Target 34.34. Stops may be set just above the invalidation point at 50.22. Invest only 1-5% of equity on any one...
by Lara | Aug 21, 2017 | Gold |
A little downwards movement followed by more upwards movement is exactly what all three hourly Elliott wave counts expected for Monday’s session. Summary: Upwards movement may end within the next 24 hours below 1,313.91. Thereafter, there may be a sharp trend...
