by Lara | May 24, 2016 | US Oil
Upwards movement was expected but price has moved sideways in a small range. 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 channel is breached,...
by Lara | May 23, 2016 | Gold |
Sideways movement in a small range has not clarified the situation, but On Balance Volume today indicates which Elliott wave count is more likely. Summary: The wave counts are swapped over today. It looks more likely now that Gold will continue lower for several days,...
by Lara | May 21, 2016 | Gold |
The main Elliott wave count expected upwards movement for Friday’s session. Price moved sideways in a small range. Summary: At the end of the week the situation is unclear. Classic technical analysis at the weekly chart level this week favours the alternate...
by Lara | May 19, 2016 | Gold |
More downwards movement was expected to a target at 1,250 for the main Elliott wave count. Price reached 5.65 below the target to reach 1,244.35 during the session. Summary: The main wave count expects upwards movement from here to a short term target at 1,415 and a...
by Lara | May 19, 2016 | Silver |
Last week’s analysis expected upwards movement, which is not what happened. Summary: A correction is incomplete. More downwards movement to 16.297 is expected to complete it. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | May 18, 2016 | Gold |
The main Elliott wave count was invalidated at the hourly chart level with a new low below 1,269.63. At that stage, both alternates expected more downwards movement. Summary: More downwards movement should be expected from here. The preferred wave count (about a 60%...
by Lara | May 17, 2016 | Gold |
The main Elliott wave count yesterday expected more upwards movement, which is what has happened. Summary: At the beginning of this week, the picture is not as clear as last week. The main wave count expected stronger upwards movement. It still does, and the target...
by Lara | May 17, 2016 | US Oil
Price remains within the channel. Downwards movement was expected but was unconfirmed. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The structure is now incomplete. Upwards movement should be expected to...
by Lara | May 16, 2016 | Gold, Gold Historical, Public Analysis |
The main hourly Elliott wave count expected upwards movement for Monday from Gold, which is what happened. Price has made a higher high and a higher low on slightly increasing volume. Summary: At the beginning of this week, the picture is not as clear as last week....
