by Lara | Feb 17, 2016 | Gold |
Sideways movement in a narrow range looks like a triangle. The question is: where did price enter the triangle and so in what direction will the breakout be? I have three hourly wave counts to try to answer this question. Summary: It looks like today minute wave iv is...
by Lara | Feb 16, 2016 | Gold |
More downwards movement was expected to end within 1,200.76 to 1,181.41. The target was 1,184 within this zone. Price moved lower as expected to reach 1,192.68. Summary: A new high above 1,205.17 would provide a little confidence that the correction is over. A clear...
by Lara | Feb 15, 2016 | US Oil |
Last week again expected downwards movement from Oil. Oil made a new low, and so far has made a lower high. Summary: There is only one wave count today which expects a fifth wave is extending. The first target is 14.02. The second target is 11.98. Corrections are...
by Lara | Feb 15, 2016 | Gold |
A correction was expected to continue. Downwards movement overall was expected. Summary: The correction is incomplete. It may end in another one, three or six sessions to total a Fibonacci three, five or eight daily candlesticks. It may end within a range of 1,200.76...
by Lara | Feb 13, 2016 | Gold, Gold Historical |
Downwards movement was expected for Friday’s session. Price moved overall lower in a small inside day. Summary: The trend is up. Corrections present opportunities to join the trend. Minute wave iv is most likely to continue for another two or four days. There is...
by Lara | Feb 12, 2016 | Silver |
There is now only one Elliott wave count for Silver. Summary: The trend is up. Silver looks like today it had a typical blow off top, so a correction against the trend may be expected as most likely here . New updates to this analysis are in bold. WEEKLY WAVE COUNT...
by Lara | Feb 11, 2016 | Gold |
Upwards movement was not expected for Thursday’s session. Summary: The trend is up. Another shallow brief fourth wave should continue for one or three days. It may end about 1,214 or 1,184. New updates to this analysis are in bold. Last published weekly charts...
by Lara | Feb 10, 2016 | Gold |
Sideways movement for a correction was expected. Summary: The trend is still up, but a multi day correction is unfolding. Choppy overlapping sideways movement may continue for one or more likely three more days. It may end either within 1,174 – 1,164 or at...
by Lara | Feb 9, 2016 | Gold |
A break below a short term trend line on the hourly chart indicates a correction has begun. Summary: The trend is still up, but a multi day correction looks like it has arrived. Choppy overlapping sideways movement may last a few days and end either within 1,174...
