by Lara | Aug 2, 2016 | Gold |
Again, upwards movement unfolded as expected from the Elliott wave count and classic technical analysis. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and...
by Lara | Aug 2, 2016 | US Oil |
Last week’s analysis expected downwards movement and an increase in momentum. This is exactly what has happened. Summary: A short term target is at 37.91 for a brief bounce and a mid term target is at 35.27 for a slightly more time consuming bounce. The trend is...
by Lara | Aug 1, 2016 | Gold |
Upwards movement was expected for Monday. Overall, the session moved upwards to complete a green daily candlestick. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one...
by Lara | Jul 29, 2016 | Gold |
A correction was expected to end about 1,325. Price did move lower but only to 1,330 before turning upwards. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade...
by Lara | Jul 28, 2016 | Silver
Upwards movement was expected to continue for the week, which is what has happened. The target remains the same. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as always). New updates to...
by Lara | Jul 28, 2016 | Gold |
A little upwards movement was followed by some downwards movement, exactly as expected. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and always use a stop...
by Lara | Jul 27, 2016 | Gold |
Again, upwards movement was expected. A new high above 1,333.66 added further confidence to the main Elliott wave count. The target remains the same. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no...
by Lara | Jul 26, 2016 | Gold |
Upwards movement was expected. A new high above 1,323.56 adds some confidence to the main Elliott wave count. Summary: The trend is up. A counter trend pullback looks most likely complete. Further confidence in this outlook would come with a new high above 1,333.66....
by Lara | Jul 25, 2016 | US Oil |
Last week again expected overall downwards movement. This is again exactly what has happened. An increase in downwards momentum was also expected and has been seen by MACD. Summary: Some more downwards movement is expected for the next week and a further increase in...
