by Lara | Aug 26, 2016 | GDX, Public Analysis |
Last analysis expected upwards movement towards a target at 36.21. Price did move higher but fell 4.42 short of the target. Summary: Classic technical analysis is very bearish today for GDX. A downwards trend is in place. This strongly favours the alternate monthly...
by Lara | Aug 25, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: The main and alternate wave counts today are judged to have a close to even probability. Classic technical analysis today favours the alternate and more downwards movement. A new low below 1,310.84 would...
by Lara | Aug 24, 2016 | Silver |
The main Elliott wave count expected upwards movement and the alternate expected sideways movement. Price has moved lower. Summary: Upwards movement is expected to 25.63 – 26.98. Declining volume and divergence with price and RSI at the last two swing lows...
by Lara | Aug 24, 2016 | US Oil
Last week’s analysis expected downwards movement as most likely. Price continued higher. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave correction, the multiple structural possibilities mean it is...
by Lara | Aug 23, 2016 | Gold |
Downwards movement was expected. Again, price moved overall sideways to complete a very small daily Gravestone doji. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below 1,310, then a...
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 16, 2016 | US Oil |
Last week’s analysis expected more downwards movement. The Elliott wave count was invalidated with a new high above 44.43. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave correction, the multiple...
by Lara | Aug 13, 2016 | Gold |
Again, upwards movement was expected and overall did not happen. The new low for Friday remains above the invalidation point on the hourly Elliott wave chart. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count...
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...
