by Lara | Jun 16, 2016 | Gold |
The target for upwards movement to end at 1,299 was inadequate. Price reached 16.38 above the target before turning strongly downwards. Summary: A blowoff top has completed minor wave 1. Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or...
by Lara | Jun 16, 2016 | GDX
Charts only today. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. ALTERNATE DAILY ELLIOTT WAVE COUNT Click chart to enlarge. TECHNICAL ANALYSIS DAILY Click chart to enlarge. This analysis is published @ 04:55 a.m....
by Lara | Jun 16, 2016 | Silver, Silver Historical
Upwards movement continues as the Elliott wave count expects. A correction has not yet unfolded. Summary: A third wave is underway. Use the pink channel on the daily chart to indicate when the next correction has arrived. This upcoming correction should offer a good...
by Lara | Jun 15, 2016 | Gold |
More upwards movement was expected for Wednesday’s session to a target at 1,300. Price has moved higher so far reaching 1,296.43. Summary: The trend is weaker today. A correction does look increasingly likely but pinpointing exactly when and where it will begin...
by Lara | Jun 14, 2016 | Gold |
Yesterday’s analysis expected one more high to 1,289. Price moved up to a high at 1,289.59 for the session. Summary: The trend is tired but may still not be over even though the channel is breached. Another high to 1,300 may still unfold. Trading advice: This...
by Lara | Jun 13, 2016 | US Oil |
The channel was breached, but price thereafter made another new high. Now the channel is breached again, this time by clearer downwards movement. Summary: This week Oil looks clear. Price has turned and now confidence may be had in a downwards trend to last weeks if...
by Lara | Jun 13, 2016 | Gold |
Upwards movement continued as per the alternate hourly Elliott wave count. The channel on the hourly chart remains intact. Summary: At least one more high is now required to complete the structure. The target is at 1,289. If price keeps going up, then the next target...
by Lara | Jun 11, 2016 | Gold |
The first target for upwards movement at 1,277 was met and exceeded by only 0.77. Summary: A downwards correction looks like it is more likely now to start on Monday and last at least one week. This would be confirmed by a breach of the channel on the hourly chart,...
by Lara | Jun 10, 2016 | GDX, Public Analysis |
Last analysis on 9th of April expected downwards movement to 17.67 – 17.11. Price moved higher up to 26.17 at the end of April, then turned down for a shallow correction ending 22.44 by the end of May. Summary: The trend remains the same until proven otherwise....
