by Lara | Nov 2, 2015 | US Oil, US Oil Historical |
Downwards movement was expected to continue, but this is not what is happening. I have two wave counts for you today that expect the same direction for the short term. Summary: At least a little more upwards movement should continue to 48.09 – 49.35. It is...
by Lara | Nov 2, 2015 | Gold |
Upwards movement was expected, but this is not what happened. Price moved lower. However, there was no breach of the small channel on the hourly chart, so no confirmation of a trend change. Summary: A final low to 1,132.80 (but not below 1,132.12) may complete this...
by Lara | Oct 30, 2015 | Gold |
More downwards movement was expected for all wave counts. Targets were inadequate, but price did move lower and remained below the invalidation point which was close by. Summary: All wave counts will now expect upwards movement for some or all of next week. A new high...
by Lara | Oct 29, 2015 | Gold |
In the short term, a little upwards movement was expected to 1,164 or 1,171 (with the higher target at 1,171 favoured). Thereafter, more downwards movement was expected. Upwards movement ended at 1,162.79 and was followed by downwards movement. Summary: All wave...
by Lara | Oct 29, 2015 | Silver, Silver Historical |
Silver has been in a bear market since April 2011. Summary: The bear market must be assumed to remain intact while price remains within the bear market channel. From an Elliott wave perspective, there are still at least three possible wave counts for Silver at the...
by Lara | Oct 28, 2015 | Gold |
Downwards movement was expected, but price breached the invalidation point on the hourly chart first providing much confusion with the wave count. Summary: In the mid term, downwards movement should continue to at least 1,144. In the short term, a retracement of...
by Lara | Oct 27, 2015 | Gold |
Downwards movement was expected, but price has moved mostly sideways to complete a small green candlestick. Summary: Short term a little upwards movement to about 1,172 is expected to complete a second wave correction. Thereafter, downwards movement is expected to the...
by Lara | Oct 27, 2015 | US Oil, US Oil Historical |
Downwards movement was expected. The session for 21st October provided confirmation of a trend change when it clearly breached the channel. Summary: Downwards movement should continue towards 26.86. The target may be met in another 44 days. New updates to this...
by Lara | Oct 26, 2015 | Gold |
Downwards movement was expected. Price moved lower, but slowly, to complete a small red doji. Summary: More downwards movement is likely at least for the short / mid term. The target is 1,142 to be met in one day, although now it looks like it may take a little...
