by Lara | Sep 11, 2015 | Gold, Gold Historical |
Both Elliott wave counts expected more downwards movement for Friday, which is what happened. Now is when the bull and bear wave counts diverge, and next week price may provide clarity. Summary: For next week, the bear wave count expects downwards movement to...
by Lara | Sep 9, 2015 | Gold |
Downwards movement unfolded as expected for both Elliott wave counts. Confirmation that a small correction was over came with a break below the short trend line on the hourly chart, and final confirmation with a new low below 1,116.02. Summary: Markets rarely move in...
by Lara | Sep 4, 2015 | Gold |
A slight new low and a small red candlestick fit both Elliott wave counts. Regular technical analysis also expected more downwards movement for Friday. Summary: Downwards movement should continue to 1,096 for the bull wave count or 1,063 for the bear wave count. On...
by Lara | Sep 2, 2015 | NZDUSD
Elliott wave and traditional technical analysis of NZDUSD. ELLIOTT WAVE COUNT Primary 3 should end when RSI indicates oversold and most likely not before. My concern for any sell on NZDUSD at this time is RSI is indicating slightly oversold. This needs to be resolved...
by Lara | Sep 1, 2015 | Gold |
Today’s Elliott wave analysis will answer the question of whether or not the correction is over, and also what to look out for with regards to confirmation. Summary: The downwards trend should resume, which would be confirmed with a clear breach of the best fit...
by Lara | Aug 31, 2015 | US Oil |
DAILY ELLIOTT WAVE COUNT Click chart to enlarge. To see written analysis click here.
by Lara | Aug 31, 2015 | Silver
The following charts are in no particular order. WAVE COUNT #1 Click chart to enlarge. Click chart to enlarge. WAVE COUNT #2 Click chart to enlarge. Click chart to enlarge. WAVE COUNT #3 Click chart to enlarge. Click chart to enlarge. Please feel free to add your own...
by Lara | Aug 28, 2015 | Gold |
Price has moved higher. Summary: Short term both wave counts expect this upwards movement is a small correction against a downwards trend, which may end on Monday about 1,148 – 1,150. Thereafter, for a few days price should move lower. The bull count expects the...
by Lara | Aug 25, 2015 | Gold |
Downwards movement fits both Elliott wave counts, but with greatly reduced volume the main Elliott wave count is better supported. Summary: The main wave count expects Gold is in a sideways consolidation which is incomplete. It may end with another three or six days...
