by Lara | Jan 30, 2017 | Gold |
Upwards movement was expected for Monday’s session. The target on the hourly Elliott wave count is not yet met, so the analysis today will focus on whether or not this bounce is complete. Summary: It looks more likely that the bounce is complete today and a...
by Lara | Jan 26, 2017 | Gold |
Downwards movement continued exactly as expected for Gold. The Elliott wave count remains the same. The hourly wave count will be watched carefully to manage short positions. Summary: A deeper pullback has most likely begun. Short positions should be watched carefully...
by Lara | Jan 26, 2017 | Public Analysis, Silver
Last analysis expected that a correction had begun for Silver. Price has moved lower for the week as expected, finding strong resistance so far at the upper trend line. Summary: A deep correction may have begun now for Silver. The target is 16.26, but not below...
by Lara | Jan 25, 2017 | EURUSD, Public Analysis
Last analysis of this pair was in July 2016. That analysis expected lower movement, which did happen in the long term, but the high was not seen until a few weeks later in August. ELLIOTT WAVE ANALYSIS MONTHLY CHART Click chart to enlarge. The bigger picture expects...
by Lara | Jan 23, 2017 | US Oil |
Price has moved slightly higher for the week with a slightly higher high and a slightly higher low from the prior week. The Elliott wave count remains the same. Summary: Downwards movement is now expected to at least 28.61. The target is at 25.59. A new low below...
by Lara | Jan 23, 2017 | Gold |
A small upwards day has made a slight new high. Both Elliott wave counts remain the same. Summary: The bottom line is still that it must be accepted there is no indication yet of an end to this upwards wave while Gold remains within the channel and above the...
by Lara | Jan 20, 2017 | Silver
The main Elliott wave count was confirmed when Silver made a new high above 17.220 and the alternate Elliott wave count was invalidated. There is only one Elliott wave count now left for Silver at this time. Summary: A deep correction may have begun now for Silver....
by Lara | Jan 19, 2017 | Gold |
Price moved lower and bounced up off the lower edge of the channel on the daily and hourly Elliott wave charts. This indicates the main hourly Elliott wave count remains more likely than the alternate. Summary: The bottom line is still that it must be accepted there...
by Lara | Jan 17, 2017 | Gold |
Upwards movement continued to the target on the main hourly Elliott wave count. Summary: Targets for upwards movement to end are 1,219 (about 40% likely) or 1,238 (about 60% likely). In the short term, a new low below 1,207.34 would indicate a deeper correction may be...
