by Lara | Jul 19, 2016 | Gold |
The small pennant pattern noted in yesterday’s analysis continues to move price sideways in a narrow range. The breakout direction is expected to be the same. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks...
by Lara | Jul 19, 2016 | US Oil |
Last week expected overall downwards movement. This is again exactly what has happened. Summary: Some more downwards movement is expected for the next week and an increase in downwards momentum may be seen. New updates to this analysis are in bold MONTHLY ELLIOTT WAVE...
by Lara | Jul 18, 2016 | Gold |
Downwards movement was expected to begin the new week. Price has moved sideways in a small range, remaining below the invalidation point (which is close by) on the first Elliott wave hourly chart. Summary: The trend is still up. A multi day correction against the...
by Lara | Jul 17, 2016 | USDJPY |
A one off Elliott wave and technical analysis of the USDJPY pair. There may be a good buying opportunity. Click chart to enlarge. Click chart to enlarge. Click chart to enlarge. Although intermediate (5) is labelled as a five wave structure, this looks very forced. It...
by Lara | Jul 16, 2016 | Gold |
Yesterday’s analysis expected some sideways movement for a fourth wave. Overall, price moved lower to complete an inside day which looks like a long legged doji on StockCharts data. Summary: The trend is still up. A multi day correction against the trend is...
by Lara | Jul 14, 2016 | Gold |
Yesterday’s analysis expected downwards movement. 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 1,291 or just below 1,249.94. Volume supports a short term...
by Lara | Jul 14, 2016 | Silver |
Last analysis expected upwards movement. Price has moved sideways. Summary: Upwards movement is expected to continue. A small pennant looks to be completing and the breakout should be upwards. In the short term, the target is at 21.255 – 21.44. Mid term the...
by Lara | Jul 13, 2016 | Gold |
Upwards movement confirmed the main Elliott wave count and invalidated the alternate. I have three daily and hourly Elliott wave counts today. Summary: The trend is still up. Corrections are still an opportunity to join the trend. The long term target remains the same...
by Lara | Jul 12, 2016 | Gold |
Downwards movement was unexpected and invalidated the daily Elliott wave count. Summary: The trend is still up. Corrections are still an opportunity to join the trend. A new high above 1,340.21 would provide price confirmation that the correction is over. Prior to...
