by Lara | Aug 18, 2017 | Gold |
Another upwards day was expected by both Elliott wave counts. Summary: The upwards trend now looks choppy and overlapping, so it may be a diagonal nearing its end. The target at 1,320 may be too high. Always use a stop. Invest only 1-5% of equity on any one trade. New...
by Lara | Aug 17, 2017 | Gold |
Price has continued to move higher as was expected for the session by both Elliott wave counts. Summary: A short term target is now at 1,307. The final target is still at 1,320. The trend still looks to be upwards. Pullbacks are an opportunity to join the trend....
by Lara | Aug 16, 2017 | Silver
A downwards swing was expected, but it was much more shallow than the target. Summary: Silver may continue higher from here to a target at 18.89. New updates to this analysis are in bold. Last monthly chart is here. ELLIOTT WAVE COUNTS FIRST WAVE COUNT WEEKLY CHART...
by Lara | Aug 16, 2017 | Gold |
A little more downwards movement was expected to a target at 1,266. Price did move lower, but did not make a new low and has fallen $2.34 short of the target. Summary: A short term target is now at 1,307. The final target is still at 1,320. The trend still looks to be...
by Lara | Aug 15, 2017 | Gold |
Downwards movement continued as expected for Tuesday. The target at 1,275 was passed and price remains above the invalidation point on the hourly chart and still within the channel. Summary: A new target for this pullback to end is 1,266, at the lower edge of the blue...
by Lara | Aug 14, 2017 | US Oil |
More upwards movement was expected for Oil for the week. This is not what happened. A pullback remains just above the invalidation point on the main Elliott wave count. Summary: While price remains above 46.86, it looks most likely that Oil may continue higher to...
by Lara | Aug 14, 2017 | Gold |
Downwards movement has unfolded as expected for Monday’s session. Summary: A pullback may end within the next few hours about 1,275. If this is how price behaves, it may offer us an entry opportunity to join the upwards trend. The final target is now at 1,320....
by Lara | Aug 12, 2017 | Gold |
Price was expected to fall for Friday, but it moved slightly higher. Summary: A pullback may end on Monday or Tuesday about 1,275. If this is how price behaves, it may offer us an entry opportunity to join the upwards trend. The final target is now at 1,320. Always...
by Lara | Aug 10, 2017 | Gold |
The target at 1,279 was expected to be a little low. A trend line higher up was expected to halt upwards movement. However, this is not what has happened, and the trend line is overshot. The main Elliott wave count is changed today. Summary: An upwards trend now looks...
