by Lara | Aug 31, 2015 | Gold |
A small correction is unfolding sideways. The correction was expected to end Monday about 1,148 – 1,150, but it is not unfolding exactly as expected. Summary: Both wave counts expect this correction is not yet over and should keep going sideways for another day,...
by Lara | Aug 31, 2015 | US Oil |
DAILY ELLIOTT WAVE COUNT Click chart to enlarge. To see written analysis click here.
by Lara | Aug 31, 2015 | Silver
The following charts are in no particular order. WAVE COUNT #1 Click chart to enlarge. Click chart to enlarge. WAVE COUNT #2 Click chart to enlarge. Click chart to enlarge. WAVE COUNT #3 Click chart to enlarge. Click chart to enlarge. Please feel free to add your own...
by Lara | Aug 28, 2015 | Gold |
Price has moved higher. Summary: Short term both wave counts expect this upwards movement is a small correction against a downwards trend, which may end on Monday about 1,148 – 1,150. Thereafter, for a few days price should move lower. The bull count expects the...
by Lara | Aug 27, 2015 | Gold |
Downwards movement was expected. Price moved sideways to complete a very small red doji. Summary: For the short term, both wave counts still expect downwards movement. The bull count expects a zigzag down to end most likely within a range of 1,105 – 1,091. The...
by Lara | Aug 26, 2015 | Gold |
Movement below 1,119.23 has invalidated how the bull wave count was labelled for most recent movement and reduced the probability overall of that count. At this stage, I now have a bull and bear count which have about an even probability. Price should tell us which...
by Lara | Aug 25, 2015 | Gold |
Downwards movement fits both Elliott wave counts, but with greatly reduced volume the main Elliott wave count is better supported. Summary: The main wave count expects Gold is in a sideways consolidation which is incomplete. It may end with another three or six days...
by Lara | Aug 24, 2015 | Gold |
Some downwards movement was expected for the new wave count in the short term, which is what has happened. Movement was choppy and overlapping and moved lower for Monday. Today I will expand on three different ideas for the new wave count at the weekly chart level....
by Lara | Aug 22, 2015 | GDX
BEAR – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. BEAR – DAILY ELLIOTT WAVE COUNT Click chart to enlarge. BULL – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. There are at this stage three likely structures for primary B for the bull...