by Lara | Jan 17, 2017 | Gold |
Upwards movement continued to the target on the main hourly Elliott wave count. Summary: Targets for upwards movement to end are 1,219 (about 40% likely) or 1,238 (about 60% likely). In the short term, a new low below 1,207.34 would indicate a deeper correction may be...
by Lara | Jan 17, 2017 | Natural Gas, Public Analysis |
Summary: Natural Gas is in an upwards trend. The last correction ended at support on the 9th of January. The target for upwards movement to end is about 4.304. MAIN ELLIOTT WAVE COUNT WEEKLY CHART Click chart to enlarge. This weekly wave count for Natural Gas begins...
by Lara | Jan 16, 2017 | US Oil
Price has moved overall lower as last week’s Elliott wave and technical analysis expected. Summary: Downwards movement is now expected to at least 28.61. The target is at 25.59. A new low below 49.96 would add confidence that price has turned downwards. Expect...
by Lara | Jan 16, 2017 | Gold |
Upwards movement invalidated the main hourly Elliott wave count and confirmed the alternate. The target is now adjusted. Summary: The new target for upwards movement to end is 1,219. In the short term, a new low below 1,187.97 would indicate a trend change and a...
by Lara | Jan 13, 2017 | Gold |
Downwards movement was expected, which is what happened. Friday’s session made a lower high and a lower low, the definition of downwards movement, although the candlestick closed green. Summary: It is reasonably likely now that upwards movement is over for now...
by Lara | Jan 12, 2017 | Gold, Public Analysis |
Upwards movement continued, falling just short of resistance about 1,210 to reach 1,207.2 for the session. The Elliott wave count remains the same, and this upwards movement has now lasted a Fibonacci 21 days. Summary: It is reasonably likely now that upwards movement...
by Lara | Jan 11, 2017 | Public Analysis, USDJPY |
An update to the last USDJPY analysis, which was done July 15, 2016. This pair has moved higher as expected. There is now structure of upwards movement to analyse. ELLIOTT WAVE ANALYSIS MONTHLY CHART Click chart to enlarge. The big picture sees a five up complete...
by Lara | Jan 11, 2017 | Silver |
Silver has moved higher with some support from volume. The Elliott wave counts are the same. Summary: Silver is most likely in a new upwards trend. This would be confirmed with a new high above 17.220. The target is at 23.131. In the short term, look out for a deep...
by Lara | Jan 11, 2017 | Gold |
Resistance will be used to see where price may turn. Fibonacci numbers are used for duration and parallel channels are used for confidence in a turn. Summary: If upwards movement continues, it may now be for only one more day; price may find resistance about 1,210. In...
