by Lara | Nov 10, 2014 | Gold |
I had expected a little more upwards movement to 1,185 before price turned down. This is not what happened. Downwards movement does fit the Elliott wave count nicely. Summary: Minor wave 2 is most likely incomplete. I expect downwards movement to at least 1,141.95 as...
by Lara | Nov 9, 2014 | GDX |
The target down for minor wave 1 to end was at 16.26 in last analysis, after a small fourth wave correction. Downwards movement reached 16.45, 0.19 short of the target. Click charts to enlarge. Minuette wave (iv) unfolded as expected, and was followed by one final...
by Lara | Nov 7, 2014 | Gold |
Although the short term expectation of upwards movement first was not played out, overall a new low followed by upwards movement fits the Elliott wave count nicely. Summary: Minor wave 2 may be close to completion and could end in just one more day at about 1,185....
by Lara | Nov 6, 2014 | Gold |
A green candlestick was expected for Thursday which is exactly what we have. The Elliott wave count remains the same. Now there is more structure to analysis within this current wave I can give you a clearer picture of what to expect next. Summary: I expect a...
by Lara | Nov 6, 2014 | US Oil |
Again, the target at 79.67 – 78.15 was passed. The structure is still incomplete, although it is very close indeed. Summary: The new target for this wave to end is 74.36. This may be met within a week. Thereafter, I expect to see choppy overlapping upwards...
by Lara | Nov 6, 2014 | Silver, Silver Historical
Summary: I am expecting a sideways consolidation for two to four days before a resumption of the downwards trend. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement which I have...
by Lara | Nov 5, 2014 | Gold
Movement below 1,161.26 invalidated the main Elliott wave count and confirmed the two alternates. Summary: I expect a green candlestick or a small doji for Thursday’s session as a second wave unfolds. Expect any surprises from here on to be to the downside as...
by Lara | Nov 4, 2014 | Gold |
A small green candlestick on the daily chart, and a slight increase in upwards momentum on the hourly chart, fits the main Elliott wave count well. Summary: It is still most likely that the minor degree trend is now upwards. The target for the next wave up is at 1,278...
by Lara | Nov 2, 2014 | Silver |
Downwards movement was expected, but the target at 16.673 was inadequate. Price has reached 0.967 below the target to 15.706. I expect upwards movement from here to complete minor wave 2, to maybe last a Fibonacci 13 or 21 sessions. Click on charts to enlarge. Minor...
