by Lara | Dec 24, 2016 | Gold |
Another very small range day completes a small doji candlestick. This fits neatly with the expectations short term for the Elliott wave count. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation....
by Lara | Dec 22, 2016 | Gold |
Another small inside day fits both Elliott wave counts, but price behaviour is pointing to one scenario more strongly than the other. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation. The target...
by Lara | Dec 21, 2016 | Gold |
A small inside day fits the preferred expectations for Gold, but all Elliott wave counts still remain valid. Targets remain the same. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation. The target...
by Lara | Dec 21, 2016 | Silver |
Price has moved lower as the main Elliott wave count expected, but only slightly. The confirmation / invalidation point remains the same. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, today a very bullish hammer...
by Lara | Dec 20, 2016 | Gold |
A small downwards day fits the preferred expectations for Gold, but all Elliott wave counts remain valid. Targets remain the same. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation. The target is...
by Lara | Dec 20, 2016 | US Oil |
Another small consolidation unfolded as expected finding support at the trend line on the daily Elliott wave chart. Thereafter, upwards movement has continued as expected. Summary: The target for upwards movement to end is still about 58.05. Another small...
by Lara | Dec 19, 2016 | Gold |
A small upwards day fits all four Elliott wave counts. Price behaviour is now pointing to which wave count looks most likely. Summary: At this stage, it looks now like another new low may unfold before Gold either turns or begins a time consuming consolidation. The...
by Lara | Dec 18, 2016 | Gold |
A small inside day sees upwards movement. Price remains below the invalidation point. Summary: While price remains below 1,151.95, there is a possibility of new lows with a target at 1,118 or 1,116 – 1,113. If price makes a new high above 1,151.95, then either a...
by Lara | Dec 15, 2016 | Silver
A new low below 16.652 confirmed a more bearish second alternate Elliott wave count and invalidated the first two Elliott wave counts. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. New updates to this analysis are in bold. To see...
