by Lara | Jul 14, 2016 | Silver |
Last analysis expected upwards movement. Price has moved sideways. Summary: Upwards movement is expected to continue. A small pennant looks to be completing and the breakout should be upwards. In the short term, the target is at 21.255 – 21.44. Mid term the...
by Lara | Jul 12, 2016 | Gold |
Downwards movement was unexpected and invalidated the daily Elliott wave count. Summary: The trend is still up. Corrections are still an opportunity to join the trend. A new high above 1,340.21 would provide price confirmation that the correction is over. Prior to...
by Lara | Jul 7, 2016 | Silver
The target for a small correction to arrive was 19.384. Price moved 1.678 above the target before printing a red daily candlestick. Summary: A short term target at 21.255 – 21.244 may be met in a few days time. If price exhibits any divergence with RSI at the...
by Lara | Jun 30, 2016 | Silver |
Last analysis expected a correction to continue lower for a few days. This is not what happened. Price has made new highs towards the longer term target. Summary: An upwards trend is intact. A third wave up is underway. The short term target is at 19.384. The longer...
by Lara | Jun 23, 2016 | Silver |
A breach of the small channel on the daily Elliott wave chart indicated a correction had arrived. Summary: A third wave is underway. The mid term target is at 24.22. Risk and the invalidation point is at 15.818. In the short term, a correction has arrived and should...
by Lara | Jun 16, 2016 | Gold |
The target for upwards movement to end at 1,299 was inadequate. Price reached 16.38 above the target before turning strongly downwards. Summary: A blowoff top has completed minor wave 1. Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or...
by Lara | Jun 16, 2016 | Silver, Silver Historical
Upwards movement continues as the Elliott wave count expects. A correction has not yet unfolded. Summary: A third wave is underway. Use the pink channel on the daily chart to indicate when the next correction has arrived. This upcoming correction should offer a good...
by Lara | Jun 15, 2016 | Gold |
More upwards movement was expected for Wednesday’s session to a target at 1,300. Price has moved higher so far reaching 1,296.43. Summary: The trend is weaker today. A correction does look increasingly likely but pinpointing exactly when and where it will begin...
by Lara | Jun 9, 2016 | Gold |
The main Elliott wave count expected upwards movement but the target at 1,267 was inadequate. A new high above 1,269.07 has invalidated the alternate Elliott wave count at the daily chart level, leaving only one wave count now. We have some clarity for the bigger...
