by Lara | Nov 23, 2017 | Gold
The preferred Elliott wave count expected more sideways movement, which is exactly what has happened for the last several sessions. The target for the next swing remains the same. Summary: Members please note: the second wave count is now strongly preferred. It...
by Lara | Nov 15, 2017 | Gold |
Another slightly higher high and higher low sees price move upwards in slow, choppy overlapping movement. Although price is overall moving higher as has been expected, the choppy overlapping movement is now indicating that this B wave may be a triangle. That...
by Lara | Nov 6, 2017 | Gold |
Before upwards movement this week, another test of lows was expected to be most likely about 1,266. This is exactly how the week has started, with a slight new low to 1,266.25 before price turned sharply upwards. Summary: An upwards swing is expected to continue here...
by Lara | Oct 24, 2017 | Gold |
A slight new low in the last few hours changes the Elliott wave count for the short term, but not the mid or long term. This is still expected to be a B wave, which exhibits the greatest variety in structure and price behaviour. Summary: A consolidation for a B wave...
by Lara | Oct 23, 2017 | US Oil |
A very small range weekly candlestick has moved price sideways and very slightly higher. Summary: A downwards breakout is still expected. Expect resistance about 52.90 and support about 49.10. The target for the next wave down is at 15.38 or 13.00. This target is some...
by Lara | Oct 17, 2017 | Gold |
Downwards movement continued overall as the last analysis expected. Summary: The larger trend remains up but a pullback is underway. At its end, it should offer an entry point to join the upwards trend. That may not be until the end of this week or the beginning of...
by Lara | Oct 16, 2017 | US Oil |
The upwards movement over the last week has remained below the invalidation point on the daily Elliott wave counts. Summary: A bearish candlestick wick with strongly declining volume and divergence with volatility suggests a high in place here for Oil. The target for...
by Lara | Oct 16, 2017 | Copper, GDX, Gold |
Last analysis expected upwards movement to continue towards a target at 1,320. Price did make a new high but was well short of the target. Summary: The larger trend remains up but a pullback has finally arrived. At its end, it should offer an entry point to join the...
by Lara | Oct 10, 2017 | US Oil |
A breach of the channel on the 4th of October on the main daily Elliott wave count indicated a deeper pullback was most likely underway. Thereafter, price has moved lower as the alternate Elliott wave count expected. Summary: Oil may have had a trend change. The next...
