by Lara | Jan 20, 2015 | Gold |
The main hourly wave count was invalidated with a new high, and at that stage the alternate wave count was confirmed. The target for upwards movement to end for the alternate was 1,297. That has now been met. Summary: Both the main and alternate daily wave counts...
by Lara | Jan 19, 2015 | Gold |
It is entirely possible that we could see one final wave up. I have a new hourly alternate Elliott wave count for you. Note: I am unable to upload any video today. My internet connection is limited. I will ensure that the text below is thorough. I will have a better...
by Lara | Jan 16, 2015 | Gold |
The fourth wave was expected to show on the daily chart, but it does not. Upwards movement now touches the large maroon channel on the weekly chart. Summary: I am expecting a trend change either now or very soon. First confirmation would come with a new low below...
by Lara | Jan 16, 2015 | GDX |
The third wave is over, and it did not reach the target. The fourth wave is either over or halfway through. Click charts to enlarge. I see an incomplete five wave structure downwards. The final fifth wave for intermediate wave (5) is unfolding. At 14.13 intermediate...
by Lara | Jan 15, 2015 | Gold |
The second wave ended just short of the target at 1,225.15 by 0.99. Thereafter, upwards movement looks like a typical third wave. Summary: The trend at minute, minor and intermediate degree remain up today, but this structure is getting close to completion. A small...
by Lara | Jan 14, 2015 | Gold |
This second wave correction is either over already or it may have one final last push down. We may use confirmation / invalidation points to work with the two hourly wave counts today. Summary: The trend at minute, minor and intermediate degree remains up. A third...
by Lara | Jan 14, 2015 | NZDUSD |
Elliott Wave analysis of NZDUSD: Click on chart to enlarge.
by Lara | Jan 14, 2015 | GDX |
GDX continues higher as expected. Click charts to enlarge. I see an incomplete five wave structure downwards. The final fifth wave for intermediate wave (5) is unfolding. At 14.13 intermediate wave (5) would reach equality in length with intermediate wave (1). I have...
by Lara | Jan 13, 2015 | Gold |
The alternate Elliott hourly wave count from yesterday’s update was confirmed with a new high above 1,241.61. Summary: The trend is up. I expect it to end above 1,262.94. Use the trend channel on the hourly chart to indicate when a larger correction has arrived,...
