by Lara | Jan 18, 2016 | US Oil, US Oil Historical |
Downwards movement continues exactly as expected for US Oil. Summary: Oil is in a fifth wave to end a third wave impulse. Commodities often exhibit swift strong fifth waves, particularly fifth waves to end their third waves. The target remains the same at 29.21. At...
by Lara | Jan 18, 2016 | Gold |
Downwards movement was expected to end soon and be followed by upwards movement. There was no more downwards movement. Price turned and moved higher. Summary: Both wave counts expect upwards movement this week to make a new high above 1,112.19. The main bear wave...
by Lara | Jan 15, 2016 | Gold |
Downwards movement was expected to end soon and be followed by upwards movement. There was no more downwards movement. Price turned and moved higher. Summary: Both wave counts expect upwards movement next week to make a new high above 1,112.19. The main bear wave...
by Lara | Jan 14, 2016 | Gold |
The main Elliott wave count expected overall downwards movement to end within a range of 1,076.7 – 1,068.64. Price is now within that range. Summary: Both wave counts expect this downwards move to end soon and be followed by a upwards movement to new highs. The...
by Lara | Jan 14, 2016 | Silver |
Last week’s Silver analysis expected a sideways correction to continue. Sideways movement for the week fits the overall idea that price is in a correction. Summary: The correction is still not over. More sideways movement for a few more days is expected for...
by Lara | Jan 13, 2016 | Gold, Gold Historical |
Downwards movement has breached the invalidation point on the main Elliott wave count, but this was allowed for in the alternate. Overall, a correction against a trend was expected to be continuing. Summary: The main wave count is changed to see an ending diagonal...
by Lara | Jan 12, 2016 | Gold |
Another downwards day on lighter volume fits the Elliott wave count. Summary: The fourth wave correction is not over. Price should remain above 1,081.57. Within the correction, an upwards swing should now begin to reach resistance. It may make a new high above...
by Lara | Jan 11, 2016 | US Oil, US Oil Historical |
Downwards movement continues exactly as expected for US Oil. Summary: Oil is in a fifth wave to end a third wave impulse. Commodities often exhibit swift strong fifth waves, particularly fifth waves to end their third waves. The target remains the same at 29.21. New...
by Lara | Jan 11, 2016 | Gold |
Price behaved exactly as expected. Overall, lower movement for an inside day continues the fourth wave correction that Gold is currently in. Summary: More sideways movement is expected for a few days yet. It is possible Gold may make a new high above 1,112.19 in the...
