by Lara | Aug 20, 2016 | Gold |
A short term downwards movement was expected to end a little below 1,346.27 but not below 1,340.01. Price broke a little below 1,340.01 to reach 1,338.06 invalidating the first hourly Elliott wave count and unfolding as expected for the second hourly Elliott wave...
by Lara | Aug 18, 2016 | Gold |
Upwards movement was expected. Price moved sideways in a narrow range, but did make a higher high and a higher low from the prior session. Summary: In the short term, a counter trend movement should end within the next 24 hours a little below 1,346.27 but not below...
by Lara | Aug 17, 2016 | Silver |
A downwards spike below 19.549 invalidated the daily Elliott wave count. Upwards movement was expected for the last week but did not happen. Summary: A new Elliott wave count expects to see some more sideways movement before an upwards breakout. The market is range...
by Lara | Aug 17, 2016 | Gold |
A correction was expected to end about 1,339 before upwards movement resumed. The correction ended at 1,340.1. Thereafter, upwards movement continues as expected. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave...
by Lara | Aug 11, 2016 | Silver
Upwards movement was expected for this week from Silver, which is what has happened. Summary: Upwards movement is expected to continue. The target is at 24.219. The trend is now not so extreme that there is again room for price to rise and the trend to continue. New...
by Lara | Aug 11, 2016 | Gold |
Upwards movement was expected but did not happen. Price moved lower, remaining above the invalidation point on the hourly Elliott wave count. Summary: The trend is up. The target remains at 1,582. Further and substantial confidence may now be had in the trend and...
by Lara | Aug 4, 2016 | Silver |
Again, upwards movement has continued overall as expected. The channel is now providing support. Targets remain the same. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as always). New...
by Lara | Jul 28, 2016 | Silver
Upwards movement was expected to continue for the week, which is what has happened. The target remains the same. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as always). New updates to...
by Lara | Jul 21, 2016 | Silver |
Upwards movement was expected for the last week, but this is not what happened. Price broke out of the small pennant pattern downwards. Summary: Upwards movement is expected to continue. The target is at 24.219. This trend is now extreme, so stops must be used (as...
