by Lara | Jun 26, 2017 | Gold |
A downwards reaction was expected for Monday, which is exactly what has happened. Summary: The main wave count now expects upwards movement for at least one session to 1,262 – 1,265. A new high above 1,254.66 would add substantial confidence to this target zone....
by Lara | Jun 23, 2017 | Gold |
Upwards movement has continued as the main Elliott wave count expected. Summary: A bounce or a sideways consolidation has begun within the larger downwards trend. With On Balance Volume at resistance, price at resistance, and weak volume for Friday, look out for a...
by Lara | Jun 22, 2017 | Silver |
Last analysis expected downwards movement, which is what has happened. Members who took last week’s trading advice to enter short on the bounce of the 14th of June should now have profitable positions. Advice is given this week on how to manage those profitable...
by Lara | Jun 22, 2017 | Gold |
Upwards movement was favoured as more likely for Thursday’s session. This is what has happened. Summary: A new high above 1,259.75 would indicate a bounce to last about two weeks has begun. A new low below 1,241.33 would indicate downwards movement is not over...
by Lara | Jun 21, 2017 | Gold |
Some upwards movement was expected from last analysis. An inside day neither fits expectations nor invalidates the Elliott wave count. A new alternate is provided today. Summary: A new high above 1,259.75 would indicate a bounce to last about two weeks has begun. A...
by Lara | Jun 20, 2017 | Gold |
Further downwards movement was expected from the Elliott wave count. The target remains the same. Summary: Downwards movement may be over for the short term. Confidence in this view may be had if price moves into the upper half of the Elliott channel on the hourly...
by Lara | Jun 20, 2017 | US Oil |
Last week the main wave count expected a continuation of downwards movement, which is what has happened. This week members are offered advice on how to manage short positions, which were opened after a channel was breached on the 25th and 26th of May. Summary: Pull...
by Lara | Jun 19, 2017 | Gold |
A little sideways movement was expected to be followed by more downwards movement. This is mostly what happened, although price did not move any higher first. Summary: Downwards movement in the short term should be limited to 1,229.88. The target is now 1,235, which...
by Lara | Jun 17, 2017 | Gold |
Upwards movement was limited to no higher than 1,266.43. A small inside day had its high at 1,257.12. Summary: Monday may see price continue sideways for a little bit longer. Thereafter, it should fall. The next wave down may be limited to no longer than 27.23, which...
