by Lara | Oct 28, 2016 | Silver |
Again, a downwards breakout from a consolidation was expected and has not yet happened. Price continues sideways within a small range finding support right at the trend line on the daily chart. Summary: A downwards breakout is still expected from a small...
by Lara | Oct 26, 2016 | Gold |
A little upwards movement to 1,281 – 1,283 was expected before price turned downwards. Price did move downwards, but no new high was made first. Summary: It is concerning for the bear wave count today that volume does not support this downwards day. While the...
by Lara | Oct 25, 2016 | US Oil |
Last analysis was down to only one Elliott wave count as the structure became clearer. A short term target for a little more upwards movement was at 53.30. Price has reached so far up to 51.93. Summary: A trend change may have occurred for Oil four days ago. The...
by Lara | Oct 22, 2016 | Gold |
Both Elliott wave counts remain viable. Classic technical analysis continues to support the main Elliott wave count. Summary: A new low below 1,258.38 would confirm the main wave count. The target is at 1,227. If this target is wrong, it may not be low enough. It is...
by Lara | Oct 20, 2016 | Silver |
Last Elliott wave analysis expected downwards movement for both wave counts. This is not what happened. Price has moved slowly higher over the week. Summary: A downwards breakout is expected from a small consolidation. The Elliott wave target is at 16.410 and the...
by Lara | Oct 19, 2016 | US Oil |
Price has moved sideways since last Elliott wave and technical analysis. Summary: A short term target for upwards movement to end is at 53.30. If this target is wrong, it may be too low. Thereafter, a trend change is expected: a downwards wave for Oil to a minimum of...
by Lara | Oct 13, 2016 | Silver |
More downwards movement was expected for the short term for Silver. So far Silver has moved slightly lower. Summary: A strong bearish signal from On Balance Volume this week at the weekly chart level supports the first alternate Elliott wave count, which expects...
by Lara | Oct 11, 2016 | US Oil |
Downwards movement was expected as likely for this last week. Price has moved higher. Summary: Upwards movement is showing some weakness and may end here or soon. The next wave down should end at 28.61 or below. New updates to this analysis are in bold. MONTHLY...
by Lara | Oct 8, 2016 | Gold |
More downwards movement is very close now to the second target, which was at 1,240. Summary: There is now evidence of a low in place with divergence between price and RSI and Stochastics, both of which are oversold. A bounce should be expected next week. If it remains...
