by Lara | Oct 24, 2014 | Silver
Sideways movement has confirmed an end to minor wave 1. Click on charts to enlarge. At this stage it looks like minor wave 2 may be a shallow correction, maybe only reaching up to the 0.382 Fibonacci ratio of minor wave 1 at 18.408. Second waves are most commonly deep...
by Lara | Oct 22, 2014 | Gold |
Today the situation is remarkably unclear, even after about two weeks of confidence with this second Elliott wave correction. I have three scenarios for you today. Summary: It is most likely that this second wave correction is incomplete. If price breaks above...
by Lara | Oct 21, 2014 | US Oil, US Oil Historical |
The target at 84.65 was comfortably passed and the structure is incomplete. Summary: The new target for this wave to end is 79.67 – 78.15, which may be met within one to two weeks. Click on charts to enlarge. The bigger picture sees US Oil in a super cycle...
by Lara | Oct 16, 2014 | Gold
The short term target for a little downwards movement was at 1,232. Price moved mostly sideways, and slightly lower, falling 3.46 short of the target and taking longer to do so than expected. Summary: Upwards movement is incomplete. At this stage I expect it is quite...
by Lara | Oct 15, 2014 | Gold |
Upwards movement was expected to reach 1,243 – 1,245. Price fell 4.64 short of the target before turning downwards. Summary: Downwards movement should continue a little further to 1,222, although it may move lower than this. Click on charts to enlarge. Main Wave...
by Lara | Oct 9, 2014 | Gold |
Upwards movement continues as expected. I have a new alternate Elliott wave count for you to consider today. Summary: This third wave up should show a further increase in momentum. The target remains at 1,243. Click on charts to enlarge. Main Wave Count On the weekly...
by Lara | Oct 9, 2014 | Silver
Downwards movement continued a little lower for a fifth wave. I expect now that minor wave 1 is over and minor wave 2 has just begun four days ago. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an...
by Lara | Oct 8, 2014 | Gold |
Last Elliott wave analysis expected a little downwards movement which is not what happened. Upwards movement continued, and a new high above 1,219.14 has invalidated the alternate wave count. I have just the one Elliott wave count for you today. Summary: Gold is...
by Lara | Oct 6, 2014 | Gold
Downwards movement continued for a little, which as expected, and was followed by a deep upwards movement which was also expected for minute wave ii (as labeled in last Elliott wave analysis). I have two wave counts for you today. Summary: Intermediate wave (1) may be...
