by Lara | Mar 2, 2016 | Silver
Last week expected the correction for Silver to end in four daily candlesticks at the most, at 15.069 – 15.063. The correction may have ended in three days at 14.607. Summary: The trend for Silver should still be up. A correction against the trend may have ended...
by Lara | Mar 2, 2016 | Gold |
Upwards movement was expected from last analysis, but this looks to be too weak to be a breakout. Summary: One final short wave down to about 1,220 should complete a fourth wave triangle. The next move for Gold should be a short sharp thrust up and out of the triangle...
by Lara | Mar 1, 2016 | Gold |
A little more upwards movement was expected to end about 1,245 – 1,247, and then a small wave down was expected. Price turned at 1,248.44. Summary: The target for a short fifth wave up is at 1,261. If this target is wrong, it may be too low. On the way up, a new...
by Lara | Mar 1, 2016 | US Oil |
A new Elliott wave count resolves the problems with last week’s analysis of US Oil. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super Cycle degree. In the short term, the new wave count expects...
by Lara | Feb 29, 2016 | Gold |
The correction so far is unfolding as the main hourly Elliott wave count expects. Summary: The correction may end in just one more day, if it is to total a Fibonacci thirteen daily candlesticks. One more day of sideways movement could see it end. The next wave up may...
by Lara | Feb 27, 2016 | Gold |
Sideways movement was expected to continue for a correction. Summary: The correction is still incomplete. It looks like it may most likely continue sideways as a triangle which may end in two more trading days. It is still possible that it could end Monday as a...
by Lara | Feb 25, 2016 | Gold |
A correction was expected to continue. A small real body for mostly sideways movement fits the expectation. Summary: The correction is still incomplete. It looks like it may most likely continue sideways as a triangle which may end in three more trading days. It is...
by Lara | Feb 24, 2016 | Silver
Last week expected a correction to end soon. The correction has continued for the entire week. Summary: The trend is up. Silver should end a correction very soon, a further four daily candlesticks at the most. With the Elliott channel breached, a simple trend line is...
by Lara | Feb 24, 2016 | Gold |
Last analysis expected a correction should continue. Although price breached a short term upper invalidation point the red candlestick with a long upper shadow fits a correction. Summary: The correction is most likely still incomplete. It may continue sideways for a...
