by Lara | Sep 3, 2014 | GDX
While the alternate Elliott wave count was not technically confirmed for GDX, it has been for Gold. I will follow Gold for indication of which wave count is most likely correct for GDX. Click charts to enlarge. The clearest piece of movement is the downwards movement...
by Lara | Sep 3, 2014 | Silver, Silver Historical
Last Elliott wave analysis for Silver (and GDX) expected the trend was down. It turns out this was correct, as it has been confirmed for Gold today. Although the alternate wave count for Silver is not technically invalidated, I expect it should be within another...
by Lara | Sep 2, 2014 | Gold, Gold Historical
Movement below 1,273.03 has invalidated the main Elliott wave count and confirmed the alternate. The situation is now clear. Elliott wave analysis will now focus on targets for this new trend. Summary: The long term target is 956.97 which may be met in another 18...
by Lara | Sep 1, 2014 | Gold |
While the US stock market was closed a very small red doji for Monday has not clarified the situation, but this sideways movement does fit the alternate hourly Elliott wave count better than the main hourly wave count. Summary: The alternate hourly wave count has...
