by Lara | Aug 20, 2016 | Gold |
A short term downwards movement was expected to end a little below 1,346.27 but not below 1,340.01. Price broke a little below 1,340.01 to reach 1,338.06 invalidating the first hourly Elliott wave count and unfolding as expected for the second hourly Elliott wave...
by Lara | Aug 18, 2016 | Gold |
Upwards movement was expected. Price moved sideways in a narrow range, but did make a higher high and a higher low from the prior session. Summary: In the short term, a counter trend movement should end within the next 24 hours a little below 1,346.27 but not below...
by Lara | Aug 17, 2016 | Silver |
A downwards spike below 19.549 invalidated the daily Elliott wave count. Upwards movement was expected for the last week but did not happen. Summary: A new Elliott wave count expects to see some more sideways movement before an upwards breakout. The market is range...
by Lara | Aug 17, 2016 | Gold |
A correction was expected to end about 1,339 before upwards movement resumed. The correction ended at 1,340.1. Thereafter, upwards movement continues as expected. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave...
by Lara | Aug 16, 2016 | Gold |
Upwards movement was again expected for the session. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can move above 1,366.87. A new low below 1,310.84 would invalidate the main wave...
by Lara | Aug 16, 2016 | US Oil |
Last week’s analysis expected more downwards movement. The Elliott wave count was invalidated with a new high above 44.43. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave correction, the multiple...
by Lara | Aug 15, 2016 | Gold |
Upwards movement was expected for Monday’s session, which is what happened although price moved higher in a very small range. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can...
by Lara | Aug 13, 2016 | Gold |
Again, upwards movement was expected and overall did not happen. The new low for Friday remains above the invalidation point on the hourly Elliott wave chart. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count...
by Lara | Aug 11, 2016 | Silver
Upwards movement was expected for this week from Silver, which is what has happened. Summary: Upwards movement is expected to continue. The target is at 24.219. The trend is now not so extreme that there is again room for price to rise and the trend to continue. New...
