by Lara | Sep 26, 2016 | Gold |
Mostly sideways movement was expected for Monday. A green daily doji candlestick fits expectations perfectly. Summary: The short term target is at 1,344. The next daily candlestick is expected to be green, and this is supported by a bullish signal today from On...
by Lara | Sep 23, 2016 | Gold |
Upwards movement was expected for Friday. Price moved sideways to complete a small inside day and a green candlestick. Summary: The trend is still up. Monday may move mostly sideways; after a small consolidation is complete, then a new high is expected. Afterwards,...
by Lara | Sep 23, 2016 | Silver |
Last week expected upwards movement for Silver. This is what happened. Summary: An upwards trend is in place. The target is at 25.63 to 26.87. Use the new trend channel. If price comes up to touch the upper edge, then look for signals of exhaustion to exit long...
by Lara | Sep 22, 2016 | Gold |
Upwards movement was again expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback...
by Lara | Sep 21, 2016 | Gold |
Upwards movement was expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback begins....
by Lara | Sep 21, 2016 | US Oil |
Last week’s analysis expected overall downwards movement. Since last analysis Oil has made a lower low. Summary: Classic technical analysis this week expects upwards movement from here, and both Elliott wave counts expect downwards movement. If price breaks...
by Lara | Sep 20, 2016 | Gold |
Upwards movement was again expected. Price has moved sideways to complete an inside day. Summary: The larger picture remains bullish. It is still more likely that Gold remains in a larger upwards trend and this downwards movement is a countertrend pullback. There is...
by Lara | Sep 19, 2016 | Gold |
Upwards movement was expected for Monday’s session, which is what has happened. Summary: Price needs to break out of the best fit channel on the hourly chart before confidence may be had that a low is in place. Risk remains at 1,302.93 while price remains within...
by Lara | Sep 16, 2016 | Gold |
Upwards movement was expected for Friday’s session but did not happen. Price remains above the invalidation point on the daily chart, which is where final risk remains. Summary: Divergence between the last two swing lows for price and RSI indicate bears are...
