by Lara | Dec 1, 2017 | Silver
A downwards breakout was expected to be about a week or two away. The downwards breakout has come, about a week earlier than expected. Summary: The classic analysis target is 15.74. The Elliott wave target is 15.262. A second wave bounce may offer an entry point to...
by Lara | Nov 25, 2017 | Gold |
Some downwards movement for the very short term was expected by the preferred Elliott wave count. This is exactly what has happened to end the trading week. Summary: Members please note: the second wave count is now strongly preferred. It expects sideways movement to...
by Lara | Oct 19, 2017 | Silver
Last analysis expected a pullback, which has arrived. The last three sessions have seen price fall for Silver. Summary: Silver is in a large consolidation and the situation is very unclear. Volume suggests an upwards breakout may be more likely, which favours the...
by Lara | Oct 12, 2017 | Gold |
Last Elliott wave analysis advised to assume the trend remains the same until proven otherwise. More upwards movement continues the trend, but it is now weakening. Summary: While price remains above 1,284.48 and most importantly within the pink base channel on the...
by Lara | Sep 23, 2017 | Gold |
A small bounce continued as the hourly Elliott wave counts expected. Price remains within the channels. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,261. This downwards swing may go as low as 1,170 to...
by Lara | Sep 6, 2017 | Silver
More upwards movement was expected from last week’s analysis. This is what has happened. Summary: The trend is upwards. There are some signs it is nearing extreme, but there is room still for price to rise further. A short term target is about 20. Expect price...
by Lara | Sep 2, 2017 | Gold |
Trading advice given in last analysis favoured the bullish scenario. Members who opened a hedge or long positions should have profits. Summary: An upwards breakout has support from volume. Look out for very strong upwards movement in upcoming weeks to a target at...
by Lara | Jul 27, 2017 | Gold |
The target for more upwards movement was 1,277, but it has not been met yet. Price did make a slight new high. Summary: It looks likely that a high may be in place. Have some confidence in this view if the blue channel is breached, and then more confidence if price...
by Lara | Jul 13, 2017 | Silver |
Last analysis expected a downwards breakout below support at 16.05 – 15.70. This happened on the 7th of July. Summary: Expect a new low. The Elliott wave target is at 15.17. Thereafter, expect a trend change and an upwards wave that should last weeks. New...