by Lara | May 12, 2016 | Silver
A correction was expected for Silver, which is so far what has happened over the last week. Summary: A correction may be over for Silver. A strong upwards movement may be ahead. A short term target is at 22.09. A longer term target is now at 25.63. New updates to this...
by Lara | May 11, 2016 | NZDUSD, Public Analysis
Elliott wave and traditional technical analysis of NZDUSD. New updates to this analysis are in bold. Summary: NZDUSD may be beginning a new downwards trend. The target is 0.49809. Risk is at 0.70532. ELLIOTT WAVE COUNT Click chart to enlarge. Primary 3 should end when...
by Lara | May 10, 2016 | US Oil |
Oil may have seen a trend change but confirmation is first required. Summary: The structure is complete, but a trend change is not yet confirmed by a channel breach. If price breaks below the blue channel, then look for a throwback to find resistance at the blue line....
by Lara | May 5, 2016 | Silver
The downwards movement expected for Silver did not happen. Summary: Silver looks overbought and due for a correction. It may find support about 16.70. The larger trend remains up. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...
by Lara | May 3, 2016 | US Oil |
A new high above 44.49 confirmed more upwards movement. The target remains the same. There is only one Elliott wave count this week for Oil. Summary: Expect that the trend remains the same, up, while price remains within the dark blue channel. The target remains at...
by Lara | May 2, 2016 | Gold |
Price has moved a little lower after a channel breach of the hourly chart. The long term Elliott wave targets remain the same. Summary: In the short term, a second wave correction, when it is over, may present an opportunity to join the upwards trend. The short term...
by Lara | Apr 30, 2016 | Gold |
Gold has broken out of a consolidation upwards exactly as expected. Summary: Expect price to keep rising while it remains within the best fit channel on the hourly chart. The target for this trend to end is at this stage 1,477. If the channel is breached, then draw a...
by Lara | Apr 28, 2016 | Silver
More downwards movement was expected for Silver. Price has moved lower but not as much as expected. Summary: On balance, the expectation is for Silver to move a little lower for at least a few days. However, the picture is somewhat unclear. If a new high above 17.72...
by Lara | Apr 27, 2016 | Gold, Public Analysis |
Gold remains within a consolidation. The question is: What direction will price break out? On Balance Volume is today giving an indication. Summary: Gold is still range bound. On Balance Volume is today indicating the breakout direction is more likely to be up. It may...
