by Lara | Sep 3, 2015 | Gold |
Downwards movement is unfolding as expected for both Elliott wave counts. Summary: Downwards movement should continue to 1,096 for the bull wave count or 1,063 for the bear wave count. On the way down, a new low below 1,072.09 would fully invalidate the bull wave...
by Lara | Sep 2, 2015 | Gold |
Downwards movement was expected for Wednesday’s session for Gold. Today’s analysis will answer the question of whether or not price has confirmed the trend. Summary: The channel on the hourly chart is breached, but the breach is not convincing and there is...
by Lara | Sep 2, 2015 | NZDUSD
Elliott wave and traditional technical analysis of NZDUSD. ELLIOTT WAVE COUNT Primary 3 should end when RSI indicates oversold and most likely not before. My concern for any sell on NZDUSD at this time is RSI is indicating slightly oversold. This needs to be resolved...
by Lara | Sep 1, 2015 | Gold |
Today’s Elliott wave analysis will answer the question of whether or not the correction is over, and also what to look out for with regards to confirmation. Summary: The downwards trend should resume, which would be confirmed with a clear breach of the best fit...
