by Lara | Nov 30, 2015 | Gold |
An upwards correction was expected to begin this week. Monday is completing a green daily candlestick which fits the Elliott wave count perfectly. Summary: This second wave correction may last a total Fibonacci 13 or 21 days. It would most likely end about the 0.382...
by Lara | Nov 27, 2015 | Gold |
An upwards breakout of a triangle was expected. Price broke out downwards, which was confirmed with a new low below 1,066.63. The Elliot wave count has changed. Summary: An impulse downwards is most likely complete. A correction upwards should unfold next week. The...
by Lara | Nov 26, 2015 | Gold |
Slow sideways movement was expected. I have a new hourly Elliott wave count today which fits recent movement perfectly. Summary: A triangle is most likely completing for a B wave. When it is done price should move strongly higher for a short sharp C wave to end above...
by Lara | Nov 25, 2015 | Silver, Silver Historical
A correction was expected to have begun. Price has moved sideways for the last week, typical of a correction. Summary: It is most likely that the correction will end with a little upwards movement to about 14.887. Thereafter, the main wave count expects more downwards...
by Lara | Nov 24, 2015 | Gold |
A correction was expected to most likely continue, which is what has happened. Summary: A new high above 1,088.22 would provide confidence that this correction is not over, which at this stage is very likely. The target remains at 1,101 – 1,103. A new low below...
by Lara | Nov 24, 2015 | US Oil, US Oil Historical |
Last analysis expected more downwards movement for the week which is what happened. Summary: Upwards movement is expected for the next week to a minimum at 45.65. A new high above 48.36 is possible but unlikely. When a zigzag upwards is complete, then a trend change...
by Lara | Nov 23, 2015 | Gold |
Upwards movement was expected but did not happen. Price moved lower to invalidate the hourly Elliott wave count. Summary: A new high above 1,088.22 would provide confidence that this correction is not over. The target remains at 1,101 – 1,103 as most likely. A...
by Lara | Nov 20, 2015 | Gold |
Upwards movement was expected. Yesterday’s second hourly Elliott wave count looked at the possibility that upwards movement may be very choppy and overlapping. This is the correct Elliott wave count. Summary: The target for more upwards movement is at 1,101 to...
by Lara | Nov 19, 2015 | Gold |
Upwards movement was expected. Summary: Targets remain the same for more upwards movement: either 1,101 to 1,103 or 1,127. Upwards movement is incomplete and extremely likely to make at least a slight new high above 1,098.25. Upwards movement may continue for a...
