by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 14, 2014 | Gold
Upwards movement continued as expected. The target of 1,387 to 1,390 has been met at 1,388.10. I have a main and an alternate hourly wave count for you today. Summary: Upwards movement may be over for now. This trend change requires confirmation. We need to see a...
by Lara | Mar 12, 2014 | Silver, Silver Historical |
A fourth wave correction has ended as expected, slightly below the target. A final fifth wave up has begun which should unfold over the next few days. Click on charts to enlarge. The new downwards trend from the all time high at 49.825 subdivides so far as an...
by Lara | Mar 8, 2014 | GDX |
The data for this market has many gaps, and the structures are not entirely typical looking Elliott wave structures. Although there are some Fibonacci ratios, they are not as prevalent as ratios within Gold. I am only able to import daily data, and I cannot check...
by Lara | Mar 6, 2014 | Silver |
Last analysis expected a three wave movement upwards for an X wave which is exactly what happened. The structure of the current correction is incomplete. I would expect overall another six days minimum of choppy overlapping movement. Click on charts to enlarge. Minute...
by Lara | Mar 5, 2014 | Gold |
Price has moved very slightly higher in a mostly sideways day. Both wave counts remain valid and both remain the same. Summary: The situation is unclear. While price remains within the green channel on the daily chart we should assume that the trend remains the same,...
by Lara | Mar 3, 2014 | Gold
Movement above 1,333.02 invalidated the hourly wave count. Upwards movement was not expected for Monday’s session. The wave count is changed. Summary: Minor wave A is continuing higher. The target at 1,377 – 1,380 may be met within two days. This analysis...
by Lara | Feb 28, 2014 | Gold |
Yesterday’s price movement completed a small green doji. Thereafter price has turned lower to breach the green parallel channel on the hourly chart. This was expected for the main wave count and was required for confidence in a trend change. The green channel is...
by Lara | Feb 27, 2014 | US Oil |
Last analysis on 11th February expected overall upwards movement towards a target at 105.80. Price has moved higher as expected, with sideways corrections along the way. The target has not yet been reached and the structure is incomplete. I am expecting more upwards...
