by Lara | May 26, 2016 | Silver
Last week’s analysis expected more downwards movement towards a target at 16.297. Price has reached 16.181. Summary: The structure is incomplete. More downwards movement is expected. The first wave count target is at 15.933. The second wave count target is at...
by Lara | May 25, 2016 | Gold |
Price continued lower, which is what the wave count expected while price remained within the channel. Summary: A fourth wave correction looks like it may begin here and may last one to three days. The target is at 1,244. The trend at this stage is down and the final...
by Lara | May 24, 2016 | Gold |
Downwards movement was expected as most likely for yesterday’s main Elliott wave count. Summary: The wave count now expects more downwards movement. Along the way down there should be two fourth wave corrections which should show up on the daily chart. A breach...
by Lara | May 24, 2016 | US Oil
Upwards movement was expected but price has moved sideways in a small range. The target remains the same. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The target remains at 55.83. When the channel is breached,...
by Lara | May 21, 2016 | Gold |
The main Elliott wave count expected upwards movement for Friday’s session. Price moved sideways in a small range. Summary: At the end of the week the situation is unclear. Classic technical analysis at the weekly chart level this week favours the alternate...
by Lara | May 19, 2016 | Gold |
More downwards movement was expected to a target at 1,250 for the main Elliott wave count. Price reached 5.65 below the target to reach 1,244.35 during the session. Summary: The main wave count expects upwards movement from here to a short term target at 1,415 and a...
by Lara | May 19, 2016 | Silver |
Last week’s analysis expected upwards movement, which is not what happened. Summary: A correction is incomplete. More downwards movement to 16.297 is expected to complete it. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | May 18, 2016 | Gold |
The main Elliott wave count was invalidated at the hourly chart level with a new low below 1,269.63. At that stage, both alternates expected more downwards movement. Summary: More downwards movement should be expected from here. The preferred wave count (about a 60%...
by Lara | May 17, 2016 | US Oil
Price remains within the channel. Downwards movement was expected but was unconfirmed. Summary: Expect more upwards movement while price remains within the blue channel on the daily chart. The structure is now incomplete. Upwards movement should be expected to...
