by Lara | Dec 9, 2015 | Gold |
A correction was expected to continue. A small inside day fits this expectation. Summary: The structure of this correction is unclear and it will be impossible to accurately predict the pathway price will take to complete it (because it is impossible to predict what...
by Lara | Dec 8, 2015 | Gold |
A correction was expected to continue. A small inside day fits this expectation. Summary: The structure of this correction is unclear and it will be impossible to accurately predict the pathway price will take to complete it (because it is impossible to predict what...
by Lara | Dec 8, 2015 | US Oil |
An update to last analysis expected downwards movement to a target at 38.33. Price moved lower to reach 37.50 so far. Summary: A diagonal structure may have just completed today, this indicates a sharp correction should unfold upwards before the downwards trend...
by Lara | Dec 7, 2015 | Gold |
Upwards movement was expected but did not happen. Price remains above the invalidation point on the hourly chart. Summary: The structure of this correction is unclear. But what looks most likely is that it is not over and may end in two more days at 1,104. Or it may...
by Lara | Dec 4, 2015 | Gold |
The target at 1,082 – 1,084 was met and exceeded by 4.94. Summary: The structure of this C wave upwards is incomplete. A target for it to end on Monday or Tuesday is at 1,104. At the hourly chart level, the invalidation point can be moved up to 1,065.54. New...
by Lara | Dec 3, 2015 | Gold |
Upwards movement was expected. Summary: The target for this correction to end is at 1,082 – 1,084. It may reach the target in four more days time. Upwards movement is still expected to be a correction against the downwards trend. New updates to this analysis are...
by Lara | Dec 3, 2015 | Silver, Silver Historical
Upwards movement to about 14.887 was expected last week. This is not what happened. Price moved sideways and then lower. Summary: The correction is still most likely incomplete. Upwards movement to a target at 14.827 – 14.887 is expected for the next week. New...
by Lara | Dec 2, 2015 | Gold |
Upwards movement was expected but did not happen. Downwards movement invalidated the hourly Elliott wave counts. Summary: Downwards movement is most likely a B wave within an expanded flat. The target for upwards movement from here is 1,086. First, a small channel on...
by Lara | Dec 1, 2015 | GDX |
MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. The bull wave counts for Gold have been invalidated, so I will not follow them for GDX. I will let Gold lead GDX. GDX has been in a bear market since September 2011. While price remains below the upper edge of the...
