by Lara | Jun 1, 2016 | Gold |
A correction is expected to be unfolding. A red doji candlestick fits this idea well. Summary: The trend may still be down although classic technical analysis indicates a low may be in place, and for that I have a new alternate today. A final fourth wave correction...
by Lara | May 31, 2016 | Gold |
Upwards movement was expected for Tuesday, which is exactly what happened. Summary: The trend may still be down although classic technical analysis indicates a low may be in place. A final fourth wave correction may last another one to three sessions and may end about...
by Lara | May 30, 2016 | Gold |
The main Elliott wave count expected downwards movement to a short term target at 1,195. Downwards movement has continued to a low for the session at 1,200.07. Summary: The trend is still down. A final fourth wave correction along the way down has begun. It may last...
by Lara | May 30, 2016 | US Oil
Price continues higher and remains within the channel as the main Elliott wave count expected. The target remains the same. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The target remains at 55.83. When the...
by Lara | May 28, 2016 | Gold |
Downwards movement continued, which was expected for the alternate hourly Elliott wave count but not the main. Summary: The trend is still down. The final target remains the same at 1,183 in the first instance. Along the way down, there should be one more small fourth...
by Lara | May 26, 2016 | Gold |
Overall sideways movement fits the main Elliott wave count nicely. Summary: A fourth wave correction is most likely incomplete. It may end about 1,233. This would be confirmed if price makes a new high above 1,225.71 short term. Alternatively, if downwards movement...
by Lara | May 26, 2016 | Silver
Last week’s analysis expected more downwards movement towards a target at 16.297. Price has reached 16.181. Summary: The structure is incomplete. More downwards movement is expected. The first wave count target is at 15.933. The second wave count target is at...
by Lara | May 25, 2016 | Gold |
Price continued lower, which is what the wave count expected while price remained within the channel. Summary: A fourth wave correction looks like it may begin here and may last one to three days. The target is at 1,244. The trend at this stage is down and the final...
by Lara | May 24, 2016 | Gold |
Downwards movement was expected as most likely for yesterday’s main Elliott wave count. Summary: The wave count now expects more downwards movement. Along the way down there should be two fourth wave corrections which should show up on the daily chart. A breach...
