by Lara | Mar 11, 2016 | Gold |
Downwards movement was expected for Friday’s session. Summary: The target remains at 1,224. The target may be met in one or two more sessions. New updates to this analysis are in bold. Last published weekly chart is here. DAILY ELLIOTT WAVE COUNT Click chart to...
by Lara | Mar 10, 2016 | Gold |
Upwards movement was expected from yesterday’s analysis. Summary: Upwards movement is most likely a B wave within an expanded flat. Downwards movement is expected to a target at 1,224. A new low below 1,266.69 would confirm that the correction is not over....
by Lara | Mar 10, 2016 | Silver
Last week’s analysis expected upwards movement from Silver, which is what happened. Summary: The trend remains up. The target for the next interruption to the trend remains at 16.802. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to...
by Lara | Mar 9, 2016 | Gold |
Both hourly charts yesterday expected downwards movement short term which is what happened. Summary: The correction is still most likely incomplete. Some upwards movement for the next day or so may be a B or X wave which could make a new high. Thereafter, downwards...
by Lara | Mar 8, 2016 | Gold |
A correction was expected to continue. The small red candlestick for Tuesday’s session fits both Elliott wave counts. Summary: A correction is still unfolding and should continue sideways. The correction may include a new high above 1,279.45. It is most likely a...
by Lara | Mar 7, 2016 | US Oil |
Last week’s analysis of US Oil expected upwards movement for the week, which is what happened. A new high above 37.75 invalidated the alternate and confirmed the main Elliott wave count. Summary: The monthly chart remains clear: US Oil needs to move lower to...
by Lara | Mar 7, 2016 | Gold |
Sideways movement was expected. Price has moved sideways for an inside day. Summary: A correction is still unfolding and should continue sideways. The correction may include a new high above 1,279.45. It is most likely a fourth wave at minor degree and may end in a...
by Lara | Mar 4, 2016 | Gold |
If price kept rising, two targets were given for Friday: 1,280 and 1,350. The first target was almost met. The high for Friday was 1,279.45. Summary: Minor wave 3 is very likely to be over at Friday’s high. Another correction should now begin for minor wave 4....
by Lara | Mar 3, 2016 | Gold |
One final wave down was expected to finish the correction, but this did not happen. A new high above 1,248.44 confirmed the correction was over and price was breaking out upwards. Summary: The target is at 1,280 in the first instance. Thereafter, if price keeps...
