by Lara | Aug 31, 2016 | GDX |
Last GDX technical analysis was very bearish. Price has continued lower. Summary: This downwards trend may be interrupted here for a bounce. How high the bounce goes may tell us what may happen next. There are multiple structural Elliott wave options open, so it is...
by Lara | Aug 30, 2016 | Gold, Public Analysis |
The main Elliott wave count has been confirmed with a new low below 1,310.84. Summary: Some more downwards movement this week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. A new high now above 1,330.01 would confirm downwards...
by Lara | Aug 29, 2016 | US Oil |
Last week’s classic technical analysis saw weakness to upwards movement and expected a downwards reaction. Price has moved sideways for the week. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave...
by Lara | Aug 29, 2016 | Gold, Public Analysis |
All three daily Elliott wave counts remain valid. The invalidation / confirmation point may now be moved lower today. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. In the short...
by Lara | Aug 28, 2016 | Gold |
Both Elliott wave counts from last analysis remain valid. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too high. New updates to this analysis are in bold. Last weekly charts, and a more...
by Lara | Aug 26, 2016 | GDX, Public Analysis |
Last analysis expected upwards movement towards a target at 36.21. Price did move higher but fell 4.42 short of the target. Summary: Classic technical analysis is very bearish today for GDX. A downwards trend is in place. This strongly favours the alternate monthly...
by Lara | Aug 25, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: The main and alternate wave counts today are judged to have a close to even probability. Classic technical analysis today favours the alternate and more downwards movement. A new low below 1,310.84 would...
by Lara | Aug 24, 2016 | Silver |
The main Elliott wave count expected upwards movement and the alternate expected sideways movement. Price has moved lower. Summary: Upwards movement is expected to 25.63 – 26.98. Declining volume and divergence with price and RSI at the last two swing lows...
by Lara | Aug 24, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below 1,310, then a target for downwards movement to end is at 1,279. The longer term trend...
