by Lara | Jul 12, 2017 | Gold |
A new high above 1,222.72 invalidated the main hourly Elliott wave count and added confidence to the alternate hourly Elliott wave count. The alternate has some support from volume analysis, and its target remains the same today. Summary: In the short term, a bounce...
by Lara | Jun 20, 2014 | Silver, Silver Historical |
Movement above 19.824 and then 19.996 invalidated the main wave count and confirmed the alternate. Silver has now finished its barrier triangle, and the next movement should be a five wave structure downwards. I will use the channels on the hourly chart to indicate...
by Lara | Mar 19, 2014 | Silver, Silver Historical |
Click on charts to enlarge.
by Lara | Sep 19, 2013 | Silver |
Last analysis expected upwards movement, but required a trend channel breach of the channel on the hourly chart before confidence could be had in a trend change. We have the breach now and a trend change confirmed, but price moved lower first. This is exactly why I...
by Lara | Sep 12, 2013 | Silver
Last week’s analysis expected some downwards movement towards a short term target at 22.463 to 22.481 before a trend change and upwards movement. Price did move a little lower, but not as low as expected, falling 0.239 short of the target. We do not have...
by Lara | Sep 6, 2013 | Silver
Last week’s analysis expected a little more upwards movement from Silver before a minor wave B downwards began. We did not see upwards movement; price just moved lower in what is so far a clear three wave structure. Click on the charts below to enlarge. Within...
by Lara | Sep 4, 2013 | Gold
Price moved higher as expected. The main wave count remains the same. I have a new alternate hourly wave count for you today. Both hourly wave counts expect more upwards movement, and the difference is in expected momentum. Click on the charts below to enlarge....
by Lara | Sep 2, 2013 | Gold |
Last analysis expected the end of a fourth wave correction to be confirmed by a channel breach on the hourly chart. We did not get a confirmation that the correction was over. Price continued lower breaching invalidation points on both hourly wave counts. Click on the...
by Lara | Sep 1, 2013 | Gold |
Gold moved lower in a fourth wave correction, which was expected, and we had no confirmation that the correction was over. The wave count remains the same at the daily chart level, with two hourly wave counts for you today. Click on the charts below to enlarge....
