by Lara | Sep 28, 2015 | Gold |
Both Elliott wave counts expected overall downwards movement to begin the new week. Summary: The bear wave count expects downwards movement to about 1,121 to complete a five wave impulse, to be followed by a three wave correction upwards which may not move above...
by Lara | Sep 25, 2015 | Gold |
Last analysis expected a red candlestick for Friday, which is what happened. Both bull and bear Elliott wave counts remain valid. Summary: The bear wave count now expects a third wave down is developing. The bull wave count expects a B wave down. A new low below...
by Lara | Sep 24, 2015 | Gold |
Upwards movement above 1,141.84 was unexpected. Both Elliott wave counts still remain valid. Summary: The bear wave count now expects a third wave down from here. The bull wave count now expects a B wave down. A new low below 1,098.85 would invalidate the bull and...
by Lara | Sep 23, 2015 | Silver, Silver Historical
Silver has been in a bear market since April 2011. There is not enough technical confirmation of a change from bear to bull. For this reason I favour the third wave count which is bearish. But the first two wave counts are entirely possible. Price will tell us which...
by Lara | Sep 23, 2015 | Gold |
Yesterday’s analysis expected a little more downwards movement to 1,116 for both Elliott wave counts, but this is not what happened. Price moved higher. Summary: Short term both wave counts expect a little upwards movement to 1,137. Thereafter, both wave counts...
by Lara | Sep 22, 2015 | Gold |
Downwards movement favours the bear wave count, but is not enough for confirmation. The bull wave count remains valid. Summary: Short term both wave counts expect a little more downwards movement to 1,116. Thereafter, both expect some upwards movement: the bear for a...
by Lara | Sep 21, 2015 | US Oil, US Oil Historical |
The Elliott wave structure still looks incomplete. A target may now be calculated for the end of it. Summary: I expect upwards movement from US Oil this week to a target at 51.20 to 51.40. This target may be met in two days time. Thereafter, the downwards trend may...
by Lara | Sep 21, 2015 | Gold |
Both Elliott wave counts expected downwards movement for Monday, which is what happened. Summary: The bull and bear wave counts again diverge. The bear wave count expects downwards movement to continue. The bull wave count expects upwards movement from here. The...
by Lara | Sep 18, 2015 | Gold |
Short term the bear wave count expected upwards movement to 1,143. Price has moved higher to 1,141.83. Summary: Both wave counts expect downwards movement from here: the bear for the middle of a big third wave and the bull for a fourth wave correction which should...