by Lara | Dec 12, 2016 | Gold |
In the short term, downwards movement was expected to a target at 1,156 – 1,154. Price moved lower to 1,152 before turning up to complete a green daily candlestick. Summary: Upwards movement is expected for about three days to 1,187, and that may complete a...
by Lara | Dec 10, 2016 | Gold, Gold Historical |
Short term downwards movement was expected. Price is now within the target range. Summary: Monday may begin with a slight new low to 1,156 – 1,154. Thereafter, an upwards wave should develop as part of a consolidation. The consolidation may last a total of five,...
by Lara | Dec 9, 2016 | Reference |
The other alternate idea of a leading expanding diagonal published up to yesterday will be discarded based upon a very low probability. Click chart to enlarge. An analysis back to 1997 of the daily chart of first waves and A waves at minor degree* and above reveals 23...
by Lara | Dec 8, 2016 | Gold |
Sideways movement was expected. In the short term, some downwards movement within a consolidation was expected for the session, and this is what has happened. Summary: At this stage, it looks more likely that Gold is within a sideways consolidation that may last a...
by Lara | Dec 8, 2016 | Silver
Upwards movement continues so far as expected for Silver. Summary: A new high above 18.979 would invalidate the alternate Elliott wave count and confirm a trend change for Silver. It will remain possible that Silver is still in a bear market while price remains below...
by Lara | Dec 7, 2016 | Gold |
Price has moved higher to complete a green daily candlestick, as expected for the main Elliott wave count, but so far it is concerning that volume has not supported this movement. Summary: At this stage, it looks more likely that Gold has just begun a sideways...
by Lara | Dec 6, 2016 | Gold |
Price has moved sideways to complete a very small inside day. The analysis is essentially unchanged. Summary: It looks like Gold is finding a low. Confidence in a trend change would come with a new high above 1,232.48. Double divergence now with RSI strongly indicates...
by Lara | Dec 6, 2016 | US Oil |
Last analysis was invalidated by upwards movement, which was unexpected. Summary: After a small consolidation, which should remain above 49.19, more upwards movement is expected. The target for it to end is about 58.05. New updates to this analysis are in bold....
by Lara | Dec 5, 2016 | Gold |
Price whipsawed and crossed both invalidation points for the first two hourly charts. Summary: It looks like Gold is finding a low. Confidence in a trend change would come with a new high above 1,232.48. Double divergence now with RSI strongly indicates a low here or...
