by Lara | Aug 11, 2014 | Gold |
Last main hourly Elliott wave count expected a continuation of sideways movement as a fourth wave correction unfolds; this sideways movement was expected to continue for one or two days. The alternate hourly wave count was invalidated. Summary: Sideways movement may...
by Lara | Aug 9, 2014 | Gold |
Last Elliott wave analysis expected some downwards movement before more upwards movement, but this is not what happened. Price moved higher before turning lower to complete a red doji candlestick for Friday’s session. This changes the wave count slightly, but...
by Lara | Aug 7, 2014 | Gold
Upwards movement continued as expected. The Elliott wave count remains the same. Summary: A small second wave correction may be about to begin, interrupting this upwards movement. It may reach down to about 1,294.73 and it may show on the daily chart as one or two red...
by Lara | Aug 6, 2014 | Gold |
The main Elliott wave count expected upwards movement in the short term to show an increase in momentum. The short term target was at 1,310. Price moved strongly higher as expected, so far up to 1,309.74. Summary: Today I have just one wave count for you. Upwards...
by Lara | Aug 5, 2014 | Gold |
Upwards movement was expected for Gold but has not happened. The correction continued lower, and sideways movement completed a small green doji. The main and alternate Elliott wave counts remain mostly the same. Summary: I expect overall upwards movement here for a...
by Lara | Aug 5, 2014 | GDX |
While the Elliott wave monthly chart looks fairly clear at this time, the Elliott wave daily chart is not. With GDX data I cannot look at subdivisions on any time frame below daily. I have one monthly wave count and three alternate ideas for the daily chart for you...
by Lara | Aug 5, 2014 | Silver |
Last Elliott wave analysis expected more downwards movement from Silver. Price has moved lower as expected. Click on charts to enlarge. Main Wave Count. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement...
by Lara | Aug 4, 2014 | Gold
Some downwards movement was expected in the short term to about 1,286.81. So far price has reached down to 1,286.20. I have a new alternate Elliott wave count for you today. Summary: I expect overall upwards movement here for a minor degree wave to just above...
by Lara | Aug 2, 2014 | Gold |
Downwards movement was expected to continue to 1,275 to 1,271, but only a slight new low to 1,280.35 was seen before price turned up. A breach of the short term invalidation point on the hourly Elliott wave chart indicates the next wave has begun. Summary: I expect...
