by Lara | Nov 21, 2016 | Gold, Public Analysis |
Last analysis expected upwards movement to begin the new week. So far this is what has happened. Summary: Upwards movement is expected from here. The target at 1,533 may be met in about six months time. There is divergence with price and Stochastics and RSI indicating...
by Lara | Nov 19, 2016 | Gold |
The target zone at 1,204 – 1,199 was almost met. Price made a low at 1,204.05 for Friday. Summary: Upwards movement is expected from here. The target at 1,533 may be met in about six months time. There is divergence with price and Stochastics and RSI indicating...
by Lara | Nov 18, 2016 | Silver
Downwards movement over the last week invalidated the Elliott wave counts. Summary: The bears are looking tired. There is a very little weakness to downwards movement, but not enough to call a low in place. It is possible that price may move lower. New updates to this...
by Lara | Nov 17, 2016 | Gold |
A short, quick downwards wave was expected for Thursday’s session. A red daily candlestick fits this expectation. Summary: Look out for a trend change for Gold and the start of a new upwards wave to new highs, which may last about six months. The target for...
by Lara | Nov 16, 2016 | NZDUSD
Another possible opportunity may be coming up in another week or two for the NZDUSD pair, so it will be watched closely. Summary: The larger trend still looks down. The Elliott wave long term target is still 0.49809, but that is many months away. A mid term trade set...
by Lara | Nov 15, 2016 | US Oil |
The Elliott wave count remains the same. Classic technical analysis is used to determine if current upwards movement is a new trend or a correction. Summary: At this stage, upwards movement looks like a deeper correction within a downwards trend. The correction is not...
by Lara | Nov 15, 2016 | Gold |
Yesterday’s Elliott wave and classic technical analysis expected some sideways / upwards movement for Thursday, which is exactly what happened. Price has found resistance right at the trend line on the daily chart. Summary: A short, quick wave down to a new low...
by Lara | Nov 14, 2016 | GDX |
Today for GDX I have Elliott wave charts, classic weekly and daily technical analysis charts, and a brief summary. Summary: There is a strong downwards trend for GDX that does not show signs of weakness yet. Only when RSI and / or Stochastics reach oversold and then...
by Lara | Nov 10, 2016 | Silver
Last week expected an upwards trend was in place. Price continues higher as expected. Summary: An upwards trend is in place. The target is either 24.602 or 23.093. The invalidation point is 17.763. In the short term, a small consolidation may unfold sideways and lower...
