by Lara | Jun 9, 2016 | Silver, Silver Historical |
A trend change was confirmed first with a channel breach and then with a new high above 16.554. Summary: A third wave up may be underway. Within this structure, a first wave may be either complete or very close to completing. A second wave correction should offer an...
by Lara | Jun 2, 2016 | Silver |
Last week’s analysis expected more downwards movement towards a target at 15.933 or 15.113. Downwards movement continued and so far has reached 15.818. Summary: The structure may now be complete but a trend change is unconfirmed. Assume the trend remains down,...
by Lara | May 26, 2016 | Silver
Last week’s analysis expected more downwards movement towards a target at 16.297. Price has reached 16.181. Summary: The structure is incomplete. More downwards movement is expected. The first wave count target is at 15.933. The second wave count target is at...
by Lara | May 23, 2016 | Gold |
Sideways movement in a small range has not clarified the situation, but On Balance Volume today indicates which Elliott wave count is more likely. Summary: The wave counts are swapped over today. It looks more likely now that Gold will continue lower for several days,...
by Lara | May 19, 2016 | Silver |
Last week’s analysis expected upwards movement, which is not what happened. Summary: A correction is incomplete. More downwards movement to 16.297 is expected to complete it. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | May 17, 2016 | Gold |
The main Elliott wave count yesterday expected more upwards movement, which is what has happened. Summary: At the beginning of this week, the picture is not as clear as last week. The main wave count expected stronger upwards movement. It still does, and the target...
by Lara | May 12, 2016 | Silver
A correction was expected for Silver, which is so far what has happened over the last week. Summary: A correction may be over for Silver. A strong upwards movement may be ahead. A short term target is at 22.09. A longer term target is now at 25.63. New updates to this...
by Lara | May 5, 2016 | Silver
The downwards movement expected for Silver did not happen. Summary: Silver looks overbought and due for a correction. It may find support about 16.70. The larger trend remains up. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | Apr 28, 2016 | Gold |
Gold is still range bound. On Balance Volume is giving a clear and strong signal today of what direction price should be expected to break out of this range. Summary: Gold is still technically range bound but an upwards breakout may be imminent. On Balance Volume is...
