by Lara | Sep 1, 2015 | Gold |
Today’s Elliott wave analysis will answer the question of whether or not the correction is over, and also what to look out for with regards to confirmation. Summary: The downwards trend should resume, which would be confirmed with a clear breach of the best fit...
by Lara | Aug 31, 2015 | US Oil |
DAILY ELLIOTT WAVE COUNT Click chart to enlarge. To see written analysis click here.
by Lara | Aug 31, 2015 | Silver
The following charts are in no particular order. WAVE COUNT #1 Click chart to enlarge. Click chart to enlarge. WAVE COUNT #2 Click chart to enlarge. Click chart to enlarge. WAVE COUNT #3 Click chart to enlarge. Click chart to enlarge. Please feel free to add your own...
by Lara | Aug 28, 2015 | Gold |
Price has moved higher. Summary: Short term both wave counts expect this upwards movement is a small correction against a downwards trend, which may end on Monday about 1,148 – 1,150. Thereafter, for a few days price should move lower. The bull count expects the...
by Lara | Aug 25, 2015 | Gold |
Downwards movement fits both Elliott wave counts, but with greatly reduced volume the main Elliott wave count is better supported. Summary: The main wave count expects Gold is in a sideways consolidation which is incomplete. It may end with another three or six days...
by Lara | Aug 22, 2015 | GDX
BEAR – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. BEAR – DAILY ELLIOTT WAVE COUNT Click chart to enlarge. BULL – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. There are at this stage three likely structures for primary B for the bull...
by Lara | Aug 21, 2015 | Gold |
Upwards movement to a short term target for Friday was expected. The target at 1,164 – 1,168 was met and slightly exceeded by 0.41. I have a new wave count. Volume analysis favours it, and some problems with the prior Elliott wave count are resolved. Summary:...
by Lara | Aug 19, 2015 | Gold |
Upwards movement was expected. The first target was reached. Today’s Elliott wave analysis will focus on: identifying if this structure is complete, and looking at what price point would provide first confirmation. Summary: Upwards movement is most likely...
by Lara | Aug 17, 2015 | US Oil, US Oil Historical |
Price continues to move lower as expected. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96, and may be met in another six months time. Along the way down, corrections are very likely to find strong...