by Lara | May 31, 2017 | Gold, Public Analysis |
Downwards movement was expected for Wednesday’s session, but this is not what happened. Summary: A high may again be in place here or very soon indeed. When the new channel on the hourly chart is breached, then confidence may be had in this view. The target is...
by Lara | May 30, 2017 | US Oil |
Downwards movement was expected and began strongly. So far upwards movement looks like another bounce. Classic technical analysis is used to see if it may be over, or if it may continue. Summary: In the short term, it is entirely possible that price may yet move a...
by Lara | May 30, 2017 | Gold |
A little upwards movement was expected but price fell $8 short of the target. Summary: The bounce for minor B looks complete. Downwards movement is expected for one to a few weeks. The first weekly chart has a target at 1,141. The second weekly chart has a target...
by Lara | May 29, 2017 | Gold |
A small range inside day saw price move slowly sideways. Summary: In the short term, a new low below 1,259.61 prior to a new high would add confidence in a trend change back to down. At that stage, the target would be 1,140 although this may be too low. A new high...
by Lara | May 27, 2017 | Gold |
An upwards breakout looks to have occurred earlier than expected. Summary: In the short term, a new low below 1,259.61 prior to a new high would add confidence in a trend change back to down. At that stage, the target would be 1,140 although this may be too low. A new...
by Lara | May 25, 2017 | Gold |
Further sideways movement was expected. The consolidation continues. Summary: The breakout may be upwards, but it may be relatively short and brief. Thereafter, a new downwards trend may develop. The consolidation is most likely incomplete. In the short term, a new...
by Lara | May 24, 2017 | Silver
Downwards movement was expected for the last week from Silver. Price has moved higher. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the next wave down has begun. Stops may be set just above the last swing...
by Lara | May 24, 2017 | Gold |
A consolidation was expected to continue. So far this week that is exactly what is happening as price remains range bound. Summary: The consolidation continues. A new high reasonably above 1,263.71 now would indicate an upwards breakout and the target would be either...
by Lara | May 23, 2017 | US Oil |
Downwards movement was expected after last week’s analysis, but this is not what happened. Price has continued to move higher. Summary: Divergence today with price and volatility, price and On Balance Volume, and price and Stochastics more strongly suggests the...
