by Lara | Feb 2, 2016 | US Oil, US Oil Historical |
Last week’s analysis expected to see 8 sessions of overall upwards movement to a target at 31.47 or 34.16. Price moved higher for 7 sessions to reach 34.82. Summary: The correction for minor wave 4 is very likely to be over. This would be confirmed with a clear...
by Lara | Feb 1, 2016 | Gold |
Upwards movement confirmed the alternate bear hourly Elliott wave count. Summary: The wave counts still diverge. In the short term, expect price to continue higher slowly to the cyan trend line on the daily charts and the target at 1,135. Price should find strong...
by Lara | Jan 29, 2016 | Gold |
Downwards movement breached the invalidation point on the main hourly Elliott wave chart but not the alternate. Summary: There has been no technical confirmation of a trend change for Gold from bear to bull. The bear wave count now expects a big third wave down to...
by Lara | Jan 28, 2016 | Gold |
Yesterday’s analysis expected sideways / downwards movement to a short term target about 1,114. Price has moved lower as expected to reach to 1,111.76 so far. Summary: The correction should be over here and should be followed by upwards movement to new highs....
by Lara | Jan 27, 2016 | Silver
Last week’s Silver analysis expected more sideways movement, which is again exactly what has happened. Summary: The correction is closer to completion. Volume from StockCharts indicates the breakout is more likely to be upwards, which favours the alternate wave...
by Lara | Jan 27, 2016 | Gold |
More upwards movement was expected. Summary: Both wave counts now expect some sideways / downwards movement for a small fourth wave to most likely end about 1,114. Thereafter, at least one more push up to 1,135 is expected. That is the point where the wave counts...
by Lara | Jan 26, 2016 | Gold |
Yesterday’s analysis expected a new high above 1,112.19 and an upwards breakout, which is exactly what has happened. Summary: The target for both bull and bear wave counts short term is now 1,135. Price will be touching the cyan trend line when it gets there....
by Lara | Jan 25, 2016 | Gold |
Upwards movement continues as expected. Summary: The target for the bear wave count remains at 1,135, which may be met in a further seven trading days. The target for the bull wave count is at 1,227 mid term, which may be met in a further nine or thirty trading days....
by Lara | Jan 24, 2016 | US Oil, US Oil Historical |
Upwards movement has breached the cyan line which was providing resistance on the last updated US Oil daily chart. This indicates a trend change. Summary: A correction for minor 4 looks to have arrived and at this early stage it is most likely to be a quick sharp...
