draw-the-first

US OIL Elliott Wave Technical Analysis by Lara – 26th February …

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 movement.I can now calculate the target at two wave degrees so it has widened to a small zone.Click […]

3rd December, 2013 – GOLD Elliott Wave Technical Analysis | Elliott …

Yesterday’s short term target was at 1,212 for the end of a fifth wave. Downwards movement ended at 1,215.36, 3.36 short of the target. The structure looks complete.The wave count is unchanged from yesterday.Click on the charts below to enlarge.Gold is still within a large fourth wave correction at primary wave degree which is incomplete. It is unlikely that primary […]

SILVER Elliott Wave Technical Analysis – 27th November, 2013 …

Last week’s analysis of Silver expected more downwards movement towards a target at 18.591 to 18.353. Price did move lower but has failed to reach the target. Downwards movement may have ended at 19.595, 1.004 short of the target zone.The wave count remains mostly the same.Click on the charts below to enlarge.Minor wave B is now a complete zigzag.Within minor […]