by Lara | Jun 20, 2016 | Gold |
Last analysis expected a counter trend movement to continue. A long legged doji candlestick fits this description. 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...
by Lara | Jun 18, 2016 | Gold |
Last analysis expected a correction to continue. Upwards movement remains below the high and is choppy and overlapping, although it was substantial. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most...
by Lara | Jun 16, 2016 | Gold |
The target for upwards movement to end at 1,299 was inadequate. Price reached 16.38 above the target before turning strongly downwards. Summary: A blowoff top has completed minor wave 1. Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or...
by Lara | Jun 16, 2016 | Silver, Silver Historical
Upwards movement continues as the Elliott wave count expects. A correction has not yet unfolded. Summary: A third wave is underway. Use the pink channel on the daily chart to indicate when the next correction has arrived. This upcoming correction should offer a good...
by Lara | Jun 15, 2016 | Gold |
More upwards movement was expected for Wednesday’s session to a target at 1,300. Price has moved higher so far reaching 1,296.43. Summary: The trend is weaker today. A correction does look increasingly likely but pinpointing exactly when and where it will begin...
by Lara | Jun 14, 2016 | Gold |
Yesterday’s analysis expected one more high to 1,289. Price moved up to a high at 1,289.59 for the session. Summary: The trend is tired but may still not be over even though the channel is breached. Another high to 1,300 may still unfold. Trading advice: This...
by Lara | Jun 13, 2016 | US Oil |
The channel was breached, but price thereafter made another new high. Now the channel is breached again, this time by clearer downwards movement. Summary: This week Oil looks clear. Price has turned and now confidence may be had in a downwards trend to last weeks if...
by Lara | Jun 13, 2016 | Gold |
Upwards movement continued as per the alternate hourly Elliott wave count. The channel on the hourly chart remains intact. Summary: At least one more high is now required to complete the structure. The target is at 1,289. If price keeps going up, then the next target...
by Lara | Jun 11, 2016 | Gold |
The first target for upwards movement at 1,277 was met and exceeded by only 0.77. Summary: A downwards correction looks like it is more likely now to start on Monday and last at least one week. This would be confirmed by a breach of the channel on the hourly chart,...
