by Lara | Nov 6, 2014 | US Oil |
Again, the target at 79.67 – 78.15 was passed. The structure is still incomplete, although it is very close indeed. Summary: The new target for this wave to end is 74.36. This may be met within a week. Thereafter, I expect to see choppy overlapping upwards...
by Lara | Nov 6, 2014 | Silver, Silver Historical
Summary: I am expecting a sideways consolidation for two to four days before a resumption of the downwards trend. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement which I have...
by Lara | Nov 5, 2014 | Gold
Movement below 1,161.26 invalidated the main Elliott wave count and confirmed the two alternates. Summary: I expect a green candlestick or a small doji for Thursday’s session as a second wave unfolds. Expect any surprises from here on to be to the downside as...
by Lara | Nov 4, 2014 | Gold |
A small green candlestick on the daily chart, and a slight increase in upwards momentum on the hourly chart, fits the main Elliott wave count well. Summary: It is still most likely that the minor degree trend is now upwards. The target for the next wave up is at 1,278...
by Lara | Nov 2, 2014 | Silver |
Downwards movement was expected, but the target at 16.673 was inadequate. Price has reached 0.967 below the target to 15.706. I expect upwards movement from here to complete minor wave 2, to maybe last a Fibonacci 13 or 21 sessions. Click on charts to enlarge. Minor...
by Lara | Nov 1, 2014 | Gold |
Downwards movement continued as expected, but reached well below the target which was at 1,182. A red candlestick was expected for Friday. Summary: It is now likely that downwards movement is complete for now. The target for the next wave up is at 1,278 – 1,281....
by Lara | Oct 30, 2014 | Gold |
Downwards movement continued as expected. I have a new alternate Elliott wave count for you to consider today. Summary: Downwards movement is incomplete. The target for it to end is at 1,182. It could be over sooner than expected. Click on charts to enlarge. Main Wave...
by Lara | Oct 29, 2014 | Gold
The short term target has been updated. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording and editing software for recording and editing...
by Lara | Oct 25, 2014 | Gold
A red candlestick for Friday’s session fits the Elliott wave count, but more downwards movement was expected. Summary: Intermediate wave (2) is unfolding as a big flat correction. I expect more downwards movement for a few days to at least 1,190.04. It is...
