by Lara | Oct 13, 2016 | Silver |
More downwards movement was expected for the short term for Silver. So far Silver has moved slightly lower. Summary: A strong bearish signal from On Balance Volume this week at the weekly chart level supports the first alternate Elliott wave count, which expects...
by Lara | Oct 11, 2016 | US Oil |
Downwards movement was expected as likely for this last week. Price has moved higher. Summary: Upwards movement is showing some weakness and may end here or soon. The next wave down should end at 28.61 or below. New updates to this analysis are in bold. MONTHLY...
by Lara | Oct 8, 2016 | Gold |
More downwards movement is very close now to the second target, which was at 1,240. Summary: There is now evidence of a low in place with divergence between price and RSI and Stochastics, both of which are oversold. A bounce should be expected next week. If it remains...
by Lara | Oct 7, 2016 | GDX |
Last GDX analysis on 31st of August expected the downwards trend to be interrupted by a bounce. Price moved sideways for about four weeks, which fits expectations, and is now moving strongly lower. Summary: A downwards trend is in place for GDX, but the bears look...
by Lara | Oct 6, 2016 | Gold |
The first target for downwards movement has been met. Summary: Downwards movement has met the first target, but there is no evidence yet that downwards movement is over. Volume is weak indicating bears are tired. If the lilac channel can be clearly breached by upwards...
by Lara | Oct 6, 2016 | Silver |
Upwards movement from Silver was expected. Price broke below the trend line and then breached the invalidation point. Summary: In the short term, expect more downwards movement from Silver as most likely. A new low below 16.132 would indicate a deeper sustained...
by Lara | Oct 5, 2016 | US Oil |
With price consolidating and the Elliott wave count in either a B or an X wave, classic technical analysis may be a better guide to what Oil may do next. Summary: Support and resistance suggest a downwards swing from about here to end only when price finds support...
by Lara | Sep 28, 2016 | Gold |
Downwards movement to about 1,320.71 was expected for Wednesday’s session. Price moved lower to reach 1,318.02 for the session. Summary: Upwards movement is now expected and should show an increase in momentum and strong volume over the coming weeks. Corrections...
by Lara | Sep 28, 2016 | Silver |
Last week expected upwards movement for Silver. Price has turned downwards but remains above the invalidation point. Summary: This market may be offering a low risk high reward opportunity to join the upwards trend. Price has again come down to find support right at...
