by Lara | Jul 25, 2016 | Gold |
Upwards movement was expected. This is not what happened. Price moved lower but remains above the invalidation point on the hourly Elliott wave chart. Summary: The outlook is for a third wave up to 1,515 while price remains above 1,310.84. A new low below 1,310.84...
by Lara | Jul 22, 2016 | Gold, Gold Historical |
In the short term, a small correction to about 1,325 was expected. Price moved lower, reaching 1,320. Summary: The correction still looks like it is over. A short term target for a strong third wave up is at 1,515. New updates to this analysis are in bold. Grand...
by Lara | Jul 21, 2016 | Gold |
The targets were not met before price turned and moved higher. Downwards targets for the correction to end were inadequate. Summary: The correction looks like it is over. A short term target for a strong third wave up is at 1,515. New updates to this analysis are in...
by Lara | Jul 21, 2016 | Silver |
Upwards movement was expected for the last week, but this is not what happened. Price broke out of the small pennant pattern downwards. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as...
by Lara | Jul 20, 2016 | Gold |
A downwards breakout from a small pennant pattern has unfolded exactly as expected. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks incomplete. A target for it to end is either 1,300 or just below 1,249.94. In the...
by Lara | Jul 19, 2016 | Gold |
The small pennant pattern noted in yesterday’s analysis continues to move price sideways in a narrow range. The breakout direction is expected to be the same. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks...
by Lara | Jul 19, 2016 | US Oil |
Last week expected overall downwards movement. This is again exactly what has happened. Summary: Some more downwards movement is expected for the next week and an increase in downwards momentum may be seen. New updates to this analysis are in bold MONTHLY ELLIOTT WAVE...
by Lara | Jul 18, 2016 | Gold |
Downwards movement was expected to begin the new week. Price has moved sideways in a small range, remaining below the invalidation point (which is close by) on the first Elliott wave hourly chart. Summary: The trend is still up. A multi day correction against the...
by Lara | Jul 16, 2016 | Gold |
Yesterday’s analysis expected some sideways movement for a fourth wave. Overall, price moved lower to complete an inside day which looks like a long legged doji on StockCharts data. Summary: The trend is still up. A multi day correction against the trend is...