by Lara | Jul 19, 2017 | Silver
Last analysis expected a new low to 15.17 before a trend change. There was no new low, but there has been a bounce. Summary: Upwards movement should continue to about 17.30 in the first instance. However, weakness in volume and range does not support the new upwards...
by Lara | Jul 19, 2017 | Gold |
An inside day completes a doji, as seen on the daily Elliott Wave and Technical Analysis charts. Summary: The target is now at 1,260. Classic technical analysis still offers more support for the main wave count than the alternate. Always use a stop. Invest only 1-5%...
by Lara | Jul 18, 2017 | Gold |
Price has overcome resistance at 1,236.50. The target on the alternate Elliott wave count has been reached. Summary: A break above resistance with some support from volume looks bullish. Stronger volume today suggests this upwards movement is not over. The target is...
by Lara | Jul 18, 2017 | Gold, Public Analysis |
This chart was last published on 9th of July showing a breach of an important trend line. Click chart to enlarge. Price is now bouncing up for another test. There is a little room still for a little more upwards movement, if price wants to come up to kiss the trend...
by Lara | Jul 17, 2017 | US Oil |
After last published analysis for Oil, another update was posted in comments the following day that expected that the bounce was not over. Price has moved higher since then. Summary: A new target for the bounce to end is at 47.96 to 48.91. If price comes up to touch...
by Lara | Jul 17, 2017 | Gold |
The bounce has continued as the alternate hourly Elliott wave count expected. Summary: There is very strong resistance close by at 1,236.50 which price may not be able to overcome. This is still expected to be a counter trend bounce that presents an opportunity to...
by Lara | Jul 15, 2017 | Gold |
For Friday a bounce was expected to continue to about 1,228 to 1,232. Price bounced exactly as expected to reach a high of 1,231.73. Summary: The bounce is over here, or it may be over on Monday with a very little more upwards movement. If price does move higher, it...
by Lara | Jul 13, 2017 | Silver |
Last analysis expected a downwards breakout below support at 16.05 – 15.70. This happened on the 7th of July. Summary: Expect a new low. The Elliott wave target is at 15.17. Thereafter, expect a trend change and an upwards wave that should last weeks. New...
by Lara | Jul 13, 2017 | Gold |
Price has moved sideways and remains above the invalidation point on the hourly chart. The correction is taking a little longer than expected. Summary: In the short term, a bounce may continue higher for another one or two days now, to end about 1,228 to 1,232. This...
