by Lara | Nov 8, 2017 | Gold |
Upwards movement was expected for both Elliott wave counts. A higher high and a higher low with a green daily candlestick for the session fits expectations. Summary: An upwards swing is expected to continue here to end about resistance at 1,305 to 1,310. Along the way...
by Lara | Nov 7, 2017 | Gold |
A small range inside day sees the Elliott wave analysis remain the same. Volume for GDX offers a clue as to the next direction for price in the short term. Summary: An upwards swing is expected to continue here to end about resistance at 1,305 to 1,310. Along the way...
by Lara | Nov 7, 2017 | US Oil
The main Elliott wave count expected more upwards movement. Price is above 55.24, so the main Elliott wave count is the sole wave count left. The target has not yet been met. Summary: A sideways consolidation about here may develop, which may last about 8 sessions....
by Lara | Nov 6, 2017 | Gold |
Before upwards movement this week, another test of lows was expected to be most likely about 1,266. This is exactly how the week has started, with a slight new low to 1,266.25 before price turned sharply upwards. Summary: An upwards swing is expected to continue here...
by Lara | Nov 3, 2017 | Gold |
Downwards movement at the end of Friday’s session still remains within the consolidation zone that began back in late September. Summary: While an upwards swing within a small consolidation zone is still expected as most likely here to about 1,308, it is...
by Lara | Nov 2, 2017 | Silver
Last analysis expected price could move a little lower before turning, which is what happened. Price bounced up perfectly off the lower edge of the channel on the daily charts. Summary: Expect upwards movement for the short term to at least 17.505. Movement may...
by Lara | Nov 2, 2017 | Gold |
A higher high and a higher low for Thursday’s session is the definition of upwards movement. Upwards movement was what was expected. The lower edge of the channel on the hourly charts has perfectly shown where pullbacks are finding support. Summary: The trend...
by Lara | Nov 1, 2017 | Gold, Public Analysis |
Price is now beginning to move higher, which is what the Elliott wave counts both expected. Summary: Upwards movement for a third wave should begin now. The first target is at 1,294 where a small consolidation may unfold. The target for this upwards swing to end is at...
by Lara | Oct 31, 2017 | Gold |
Price remains above 1,260.72, so both Elliott wave counts remain valid. Volume and On Balance Volume today are giving signals as to what is most likely to happen next to price. Summary: Upwards movement for a third wave should begin now. The first target is at 1,294...
