by Lara | Sep 16, 2014 | Gold |
Another green candlestick was allowed for in the wave count, and upwards movement remains just below the 0.382 Fibonacci ratio on the main hourly Elliott wave chart. Summary: The target for this last wave down to end is now 1,222 to 1,218. I favour the upper edge of...
by Lara | Sep 14, 2014 | Silver, Silver Historical |
At this stage I expect Silver should end this first wave down next week. The short term target is 18.335. Thereafter, a second wave correction should unfold which may be very deep. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete...
by Lara | Sep 11, 2014 | Gold |
Although the short term target was too high, the second hourly Elliott wave count was more correct. I have just the one daily Elliott wave count and now one hourly Elliott wave count for you today. Summary: Downwards movement is incomplete. The short term target is...
by Lara | Sep 4, 2014 | Gold |
A throwback up to the (B)-(D) trend line was expected from yesterday’s Elliott wave analysis, which is exactly what happened. Price came extremely close to the trend line before sharply turning back downwards. Summary: The first target for downwards movement to...
by Lara | Sep 3, 2014 | GDX
While the alternate Elliott wave count was not technically confirmed for GDX, it has been for Gold. I will follow Gold for indication of which wave count is most likely correct for GDX. Click charts to enlarge. The clearest piece of movement is the downwards movement...
by Lara | Sep 3, 2014 | Silver, Silver Historical
Last Elliott wave analysis for Silver (and GDX) expected the trend was down. It turns out this was correct, as it has been confirmed for Gold today. Although the alternate wave count for Silver is not technically invalidated, I expect it should be within another...
by Lara | Aug 30, 2014 | Gold |
Downwards movement fits the alternate wave count better, but is not enough for final clarity. Both Elliott wave counts remain valid and the mid term outlook for them is exactly the same. Summary: The main hourly wave count has decreased in probability and the...
by Lara | Aug 27, 2014 | US Oil |
Price continued lower, but this is not what was expected from last Elliott wave analysis. I had expected to see a second wave correction. Summary: The target remains at 74.53. This target may be 13 weeks away. Click on charts to enlarge. The structure of minor wave 1...
by Lara | Aug 19, 2014 | Silver, Silver Historical |
Last Elliott wave analysis for Silver expected to see some upwards movement for a second wave correction, but this is not what happened. The first wave moved lower. I expect now that we shall see downwards movement towards 18.802 to complete a third wave. Notice that...
