by Lara | Jun 28, 2016 | Gold |
Price moved lower as expected but did not reach the target. Summary: A correction may be over at today’s low, or it may continue yet for a few days. The mid term target is at 1,437 and the long term target is at 1,582. Look out for surprises to the upside....
by Lara | Jun 28, 2016 | US Oil |
The main Elliott wave count expected downwards movement, which is what has happened over the last week for Oil. Summary: In the short term, Oil should be expected to continue overall lower. Downwards movement is overall likely to be relatively deep and may continue...
by Lara | Jun 27, 2016 | Gold |
Sideways movement fits the expectations overall for the main hourly Elliott wave count in last analysis. The picture today is a little clearer for the short term. Summary: Minor wave 3 has very likely begun. In the short term, it looks very likely that price will move...
by Lara | Jun 24, 2016 | Gold |
Upwards movement was expected, but not as much as unfolded. Summary: Minor wave 3 may have begun. Short term expectations are for price to move lower early next week. This should offer a good opportunity to join the upwards trend at a good price. The initial...
by Lara | Jun 23, 2016 | Gold |
Price moved lower towards the target. Summary: Minor wave 2 could be over, but it is still more likely that it will continue for a three or (more likely) another eight sessions. The target remains at 1,244. In the short term, some upwards movement for one to three...
by Lara | Jun 23, 2016 | Silver |
A breach of the small channel on the daily Elliott wave chart indicated a correction had arrived. Summary: A third wave is underway. The mid term target is at 24.22. Risk and the invalidation point is at 15.818. In the short term, a correction has arrived and should...
by Lara | Jun 22, 2016 | Gold |
Sideways / downwards movement continued as expected towards the target. Summary: Minor wave 2 could possibly be over in one more day, but more likely it will continue for a further four, nine or seventeen days. The target remains at 1,244. New updates to this analysis...
by Lara | Jun 21, 2016 | Gold |
Targets for downwards movement were 1,271 and 1,244. Downwards / corrective movement continues as expected. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most likely target will be the 0.618 Fibonacci...
by Lara | Jun 21, 2016 | US Oil
Downwards movement was expected for the week. The week began with two downwards days then price turned and moved higher, but so far it has not made a new high. Summary: The short term picture for Oil is unclear. Oil may make a new high in the next few days. If it...
