by Lara | Jul 28, 2016 | Gold |
A little upwards movement was followed by some downwards movement, exactly as expected. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and always use a stop...
by Lara | Jul 27, 2016 | Gold |
Again, upwards movement was expected. A new high above 1,333.66 added further confidence to the main Elliott wave count. The target remains the same. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no...
by Lara | Jul 26, 2016 | Gold |
Upwards movement was expected. A new high above 1,323.56 adds some confidence to the main Elliott wave count. Summary: The trend is up. A counter trend pullback looks most likely complete. Further confidence in this outlook would come with a new high above 1,333.66....
by Lara | Jul 25, 2016 | US Oil |
Last week again expected overall downwards movement. This is again exactly what has happened. An increase in downwards momentum was also expected and has been seen by MACD. Summary: Some more downwards movement is expected for the next week and a further increase in...
by Lara | Jul 25, 2016 | Gold |
Upwards movement was expected. This is not what happened. Price moved lower but remains above the invalidation point on the hourly Elliott wave chart. Summary: The outlook is for a third wave up to 1,515 while price remains above 1,310.84. A new low below 1,310.84...
by Lara | Jul 22, 2016 | Gold, Gold Historical |
In the short term, a small correction to about 1,325 was expected. Price moved lower, reaching 1,320. Summary: The correction still looks like it is over. A short term target for a strong third wave up is at 1,515. New updates to this analysis are in bold. Grand...
by Lara | Jul 21, 2016 | Gold |
The targets were not met before price turned and moved higher. Downwards targets for the correction to end were inadequate. Summary: The correction looks like it is over. A short term target for a strong third wave up is at 1,515. New updates to this analysis are in...
by Lara | Jul 21, 2016 | Silver |
Upwards movement was expected for the last week, but this is not what happened. Price broke out of the small pennant pattern downwards. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as...
by Lara | Jul 20, 2016 | Gold |
A downwards breakout from a small pennant pattern has unfolded exactly as expected. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks incomplete. A target for it to end is either 1,300 or just below 1,249.94. In the...
