by Lara | Jun 22, 2017 | Gold |
Upwards movement was favoured as more likely for Thursday’s session. This is what has happened. Summary: A new high above 1,259.75 would indicate a bounce to last about two weeks has begun. A new low below 1,241.33 would indicate downwards movement is not over...
by Lara | Jun 21, 2017 | Gold |
Some upwards movement was expected from last analysis. An inside day neither fits expectations nor invalidates the Elliott wave count. A new alternate is provided today. Summary: A new high above 1,259.75 would indicate a bounce to last about two weeks has begun. A...
by Lara | Jun 20, 2017 | Gold |
Further downwards movement was expected from the Elliott wave count. The target remains the same. Summary: Downwards movement may be over for the short term. Confidence in this view may be had if price moves into the upper half of the Elliott channel on the hourly...
by Lara | Jun 20, 2017 | US Oil |
Last week the main wave count expected a continuation of downwards movement, which is what has happened. This week members are offered advice on how to manage short positions, which were opened after a channel was breached on the 25th and 26th of May. Summary: Pull...
by Lara | Jun 19, 2017 | Gold |
A little sideways movement was expected to be followed by more downwards movement. This is mostly what happened, although price did not move any higher first. Summary: Downwards movement in the short term should be limited to 1,229.88. The target is now 1,235, which...
by Lara | Jun 17, 2017 | Gold |
Upwards movement was limited to no higher than 1,266.43. A small inside day had its high at 1,257.12. Summary: Monday may see price continue sideways for a little bit longer. Thereafter, it should fall. The next wave down may be limited to no longer than 27.23, which...
by Lara | Jun 15, 2017 | Gold, Public Analysis |
“The University of Michigan Consumer Sentiment Index rates the relative level of current and future economic conditions. There are two versions of this data released two weeks apart, preliminary and revised. The preliminary data tends to have a greater...
by Lara | Jun 15, 2017 | Gold |
Overall more downwards movement was expected and did happen, but a small bounce was expected to end about 1,270 first and that did not happen. Summary: A small third wave down should continue tomorrow. Expect any price shocks to be to the downside, with upside limited...
by Lara | Jun 14, 2017 | Silver
The channel on the daily chart was breached indicating price should move lower, which it has. Summary: The target for downwards movement to continue remains at 15.17. Corrections are an opportunity to join the trend. Stops may be set just above the last swing high at...
