by Lara | Jun 25, 2014 | Gold |
The main Elliott wave count from yesterday expected the start of downwards movement. A breach of 1,314.19 confirmed the main wave count and invalidated the alternate. Summary: It is very likely today that a B wave downwards has begun. It should last about three weeks...
by Lara | Jun 24, 2014 | Gold
Yesterday’s Elliott wave analysis expected a small triangle to end and be followed by a sharp upwards thrust. This is what happened, but the target at 1,330 has not yet been met. Summary: It is most likely upwards movement is over for the next two or three...
by Lara | Jun 23, 2014 | Gold |
Upwards movement was expected for Monday. Price is moving sideways in a narrow range completing a fourth wave triangle. I am adjusting the Elliott wave count to better fit with momentum, but it makes no difference to the target or direction expected. Summary: Minor...
by Lara | Jun 21, 2014 | GDX |
To see a monthly chart see one analysis prior. Click charts to enlarge. Within this triangle structure for intermediate wave (4) minor wave C may now be complete. Within minor wave C minute wave c is $8 short of equality in length with minute wave a. Minute wave c...
by Lara | Jun 21, 2014 | Gold |
Yesterday’s technical analysis of Gold expected a little more upwards movement, with a fourth wave correction along the way. Price moved slightly lower and sideways. The Elliott wave structure is incomplete and the wave count remains the same. Summary: Minor...
by Lara | Jun 20, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 105.21 invalidated the daily wave count. Summary: An important trend line has been touched. I expect downwards movement from this point. The long...
by Lara | Jun 20, 2014 | Silver, Silver Historical |
Movement above 19.824 and then 19.996 invalidated the main wave count and confirmed the alternate. Silver has now finished its barrier triangle, and the next movement should be a five wave structure downwards. I will use the channels on the hourly chart to indicate...
by Lara | Jun 19, 2014 | GDX |
Last Elliott wave analysis three days ago expected upwards movement for GDX. The target for it to end is 26.18. At the time of writing it is getting very close to this target. Click charts to enlarge. The clearest piece of movement is the downwards movement from the...
by Lara | Jun 19, 2014 | Gold |
Last Elliott wave analysis of Gold expected one more downwards wave of about $27 in length before the upwards trend resumed. This is not what happened. Movement above 1,284.99 invalidated the hourly wave count. Summary: Minor wave A may be close to completion. Upwards...
