by Lara | Nov 5, 2015 | Silver, Silver Historical
Last week’s analysis had three wave counts. All expected downwards movement, which is what happened. At this time it looks like in the short term the picture may be clearer for Silver than Gold, so maybe Silver can point the way despite having a greater variety...
by Lara | Nov 4, 2015 | Gold |
Yesterday’s analysis expected downwards movement to be over at yesterday’s low or shortly thereafter. Price has continued substantially lower. Summary: In the short term, a new high above 1,122.95 would indicate a bounce up most likely from here. A bounce...
by Lara | Nov 3, 2015 | Gold, Gold Historical |
Downwards movement was not expected below 1,132.12. Only one bull wave count remains valid as does the bear. Summary: A five wave impulse is either over here or may be very soon. Use the smallest channel on the hourly chart to indicate when downwards movement is over....
by Lara | Nov 2, 2015 | US Oil, US Oil Historical |
Downwards movement was expected to continue, but this is not what is happening. I have two wave counts for you today that expect the same direction for the short term. Summary: At least a little more upwards movement should continue to 48.09 – 49.35. It is...
by Lara | Nov 2, 2015 | Gold |
Upwards movement was expected, but this is not what happened. Price moved lower. However, there was no breach of the small channel on the hourly chart, so no confirmation of a trend change. Summary: A final low to 1,132.80 (but not below 1,132.12) may complete this...
by Lara | Oct 30, 2015 | Gold |
More downwards movement was expected for all wave counts. Targets were inadequate, but price did move lower and remained below the invalidation point which was close by. Summary: All wave counts will now expect upwards movement for some or all of next week. A new high...
by Lara | Oct 29, 2015 | Gold |
In the short term, a little upwards movement was expected to 1,164 or 1,171 (with the higher target at 1,171 favoured). Thereafter, more downwards movement was expected. Upwards movement ended at 1,162.79 and was followed by downwards movement. Summary: All wave...
by Lara | Oct 29, 2015 | Silver, Silver Historical |
Silver has been in a bear market since April 2011. Summary: The bear market must be assumed to remain intact while price remains within the bear market channel. From an Elliott wave perspective, there are still at least three possible wave counts for Silver at the...
by Lara | Oct 28, 2015 | Gold |
Downwards movement was expected, but price breached the invalidation point on the hourly chart first providing much confusion with the wave count. Summary: In the mid term, downwards movement should continue to at least 1,144. In the short term, a retracement of...
