by Lara | Mar 25, 2015 | Gold |
The small triangle completed, as expected, and was followed by more upwards movement as expected. I can now calculate a final target for you. Summary: The trend remains up at minor, intermediate, primary and cycle degrees for the main wave count. The target for...
by Lara | Mar 24, 2015 | Silver, Silver Historical
I have a new Elliott wave count for Silver which is in line with Gold. I will let the Gold analysis lead Silver and GDX, not the other way around, so the new wave count is the main wave count. Charts only today. Click charts to enlarge. Main Wave Count If cycle wave a...
by Lara | Mar 23, 2015 | Gold |
The target for upwards movement to end was at 1,191 – 1,193. So far price has reached up to 1,191.72. Summary: Monday’s candlestick is closing outside of the base channel, so as warned I must swap the wave counts over. The main wave count expects more...
by Lara | Mar 23, 2015 | Silver, Silver Historical |
I’ve struggled to figure out what Silver has been doing on the daily chart for this last month. I think the market is now a little clearer. Charts only today. Click chart to enlarge.
by Lara | Mar 20, 2015 | Gold |
Upwards movement was unexpected. The second wave correction is continuing higher. Summary: The target for upwards movement to end is at 1,191 – 1,193. The next daily candlestick must return price below the upper edge of the blue base channel. If a full daily...
by Lara | Mar 19, 2015 | Gold |
A little more upwards movement to the upper blue trend line was expected. Price has moved higher, but falls slightly short of this trend line. Summary: It is very likely that minute wave ii is over and minute wave iii is beginning downwards now. The target for minute...
by Lara | Mar 19, 2015 | US Oil, US Oil Historical |
A big fourth wave correction is unfolding as expected from last Elliott wave analysis. Now there there is more structure to analyse a better target may be calculated. Summary: I expect either some upwards movement to end 59.07 – 61.57 to be reached in about six...
by Lara | Mar 18, 2015 | Gold |
Another one to three days of downwards movement to 1,136 or 1,123 was expected before a second wave correction began. This is not what happened. The hourly Elliott wave count was invalidated with a new high above 1,160. Summary: Minute wave i is over and minute wave...
by Lara | Mar 17, 2015 | Gold |
Downwards movement was expected for one to three days towards the target. Upwards movement is finding resistance about the upper edge of the channel, with a strong overshoot. Summary: With its structure so far incomplete and with the new low, I have more confidence...
