by Lara | Jan 8, 2015 | Gold |
I had expected another green candlestick for Wednesday’s session which is not what happened. The Elliott wave count at the hourly chart level has changed again, but the picture at the daily chart level remains the same. I have confidence in the overall expected...
by Lara | Jan 6, 2015 | Gold |
A green candlestick was expected for Tuesday’s session, but the quick sharp second wave correction did not happen. Summary: The trend remains up. It should reach at least to 1,262.94 and it may get there next week. I don’t expect to see a correction on the...
by Lara | Jan 5, 2015 | Gold |
Upwards movement was expected. The target remains the same. Summary: I expect upwards movement for this week. In the short term look out for a quick sharp second wave correction, after which upwards momentum should increase. I expect a green candlestick for...
by Lara | Jan 2, 2015 | Gold |
Movement below 1,170.83 was not expected and the Elliott wave count was invalidated. The bigger picture and the mid term outlook remain the same. Summary: The fourth wave of the ending diagonal continued lower and is now even more likely to be complete. A final fifth...