by Lara | Mar 22, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement to come up to touch the upper edge of a channel. This is what happened. Summary: An upwards impulse is complete. Downwards movement is expected from here. How low downwards movement goes may indicate...
by Lara | Mar 21, 2016 | Gold |
A new low indicated that the correction was deepening to be closer to the 0.618 Fibonacci ratio. This was not what was expected for Monday. Summary: A target for this downwards movement to end is close by at 1,238. Thereafter, a third wave up should begin; confidence...
by Lara | Mar 19, 2016 | Gold |
A break slightly above 1,266.27 to 1,266.75 meant price was expected to continue higher, but this was not what happened. The alternate hourly Elliott wave count was confirmed with a new low below 1,255.66. At that stage, the target was 1,243.50. Summary: It is highly...
by Lara | Mar 17, 2016 | Gold, Public Analysis |
A small correction followed by more upwards movement is exactly what was expected. Summary: If price remains above 1,255.66 and makes a new high above 1,266.27, then it would be most likely that a third wave up is underway towards 1,327. Alternatively, a new low below...
by Lara | Mar 17, 2016 | Silver |
Last week’s analysis expected upwards movement from Silver, but price so far has moved sideways remaining above the invalidation points. Summary: The trend remains up. The target for the next interruption to the trend remains at 16.802. New updates to this...
by Lara | Mar 16, 2016 | Gold |
Upwards movement has unfolded exactly as expected. Summary: The first target for this upwards move to end is at 1,295. If price gets there and the structure is incomplete, or if price just keeps rising through the first target, then the next target is at 1,338. We...
by Lara | Mar 15, 2016 | Gold |
Price has moved sideways since last analysis. The Elliott wave count remains valid. Summary: A new high above 1,260.93 by any amount at any time frame would provide confidence that Gold is most likely in a fifth wave up. Fifth waves for commodities can be swift and...
by Lara | Mar 15, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement for the week to come up to touch the upper edge of a channel. This is what happened. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super...
by Lara | Mar 14, 2016 | Gold |
More downwards movement to a target at 1,224 was expected. Price moved lower to reach 1,226.59 so far. Summary: The correction may have now ended. Price confirmation is required before any confidence may be had that it is over. A new high above 1,260.93 by any amount...
