by Lara | Jun 30, 2014 | Gold, Gold Historical |
Sideways movement continued, although for less than one day. The breakout was expected to be upwards. The alternate hourly wave count target for sideways movement to end was at 1,311.44 which was met and exceeded by just 1.01. Summary: Minor wave B is complete as a...
by Lara | Jun 28, 2014 | Gold |
Sideways movement continues as expected. Elliott wave count options for the B wave can now be narrowed down further. To end the week, I have two Elliott wave hourly charts for you. Summary: Minor wave B is incomplete. I expect to see more choppy overlapping movement...
by Lara | Jun 27, 2014 | GDX |
Last Elliott wave analysis expected to see downwards movement for a D wave within the triangle. Price did move lower in choppy overlapping sideways movement, but wave D has not yet arrived. Click charts to enlarge. The clearest piece of movement is the downwards...
by Lara | Jun 26, 2014 | Gold
Movement below 1,315.48 invalidated yesterday’s alternate Elliott wave count and confirmed the main wave count. I have more confidence today that a B wave has begun. So far it looks like it may be very shallow and it may also be brief. I have two wave counts for...
by Lara | Jun 25, 2014 | Gold |
The main Elliott wave count from yesterday expected the start of downwards movement. A breach of 1,314.19 confirmed the main wave count and invalidated the alternate. Summary: It is very likely today that a B wave downwards has begun. It should last about three weeks...
by Lara | Jun 24, 2014 | Gold
Yesterday’s Elliott wave analysis expected a small triangle to end and be followed by a sharp upwards thrust. This is what happened, but the target at 1,330 has not yet been met. Summary: It is most likely upwards movement is over for the next two or three...
by Lara | Jun 23, 2014 | Gold |
Upwards movement was expected for Monday. Price is moving sideways in a narrow range completing a fourth wave triangle. I am adjusting the Elliott wave count to better fit with momentum, but it makes no difference to the target or direction expected. Summary: Minor...
by Lara | Jun 21, 2014 | GDX |
To see a monthly chart see one analysis prior. Click charts to enlarge. Within this triangle structure for intermediate wave (4) minor wave C may now be complete. Within minor wave C minute wave c is $8 short of equality in length with minute wave a. Minute wave c...
by Lara | Jun 21, 2014 | Gold |
Yesterday’s technical analysis of Gold expected a little more upwards movement, with a fourth wave correction along the way. Price moved slightly lower and sideways. The Elliott wave structure is incomplete and the wave count remains the same. Summary: Minor...