by Lara | Nov 19, 2015 | Gold |
Upwards movement was expected. Summary: Targets remain the same for more upwards movement: either 1,101 to 1,103 or 1,127. Upwards movement is incomplete and extremely likely to make at least a slight new high above 1,098.25. Upwards movement may continue for a...
by Lara | Nov 19, 2015 | Silver, Silver Historical |
Last week it was stated the trend was down but a correction was expected to turn up, indicated by a green daily candlestick. Summary: A small correction against the downwards trend may have begun. The most likely target is the 0.382 Fibonacci ratio at 14.887....
by Lara | Nov 18, 2015 | Gold |
Yesterday’s alternate hourly Elliott wave count was confirmed with a slight new low. Thereafter, price is behaving as expected. Summary: This correction is longer lasting than originally anticipated. It is possible it may end in just one more day, but more...
by Lara | Nov 17, 2015 | Gold |
Yesterday’s hourly chart expected some more downwards movement short term and warned a new low may be seen. This is what happened. Summary: What looks most likely today is some upwards movement which may last about two days. The target is 1,101 – 1,104 in...
by Lara | Nov 17, 2015 | US Oil, US Oil Historical |
Last analysis expected a third wave down was most likely underway. Further downwards movement fits the Elliott wave count perfectly so far. Summary: A third wave down is most likely still underway. It may unfold as a zigzag as it may be a third wave within a leading...
by Lara | Nov 16, 2015 | Gold |
A new high above 1,095.89 confirmed the preferred alternate Elliott wave count. Summary: A correction is most likely underway against the trend. It may continue for a minimum of three more days but more likely another six or twelve. The preferred target for it to end...
by Lara | Nov 13, 2015 | Gold |
A small inside day leaves both Elliott wave counts valid. Summary: It is more likely that a second wave correction will unfold upwards from here to about 1,118 or 1,145 (less likely). This would be confirmed with a new high above 1,095.89. To see weekly charts click...
by Lara | Nov 12, 2015 | Gold |
A green candlestick or doji was expected for Thursday’s session but did not happen. The third hourly wave count was confirmed with a new low below 1,075.31. Summary: A new low below 1,074.27 would indicate a strong fifth wave down is underway. The target is at...
by Lara | Nov 12, 2015 | Silver, Silver Historical
Last week’s analysis had three Elliott wave counts. Since then one Elliott wave count has been invalidated. There are now only two Elliott wave counts. The situation is becoming clearer for Silver. Summary: The correction which was expected to turn up last week...
