by Lara | Nov 2, 2014 | GDX |
The target down for minor wave 1 to end was at 19.47. Price has moved well below this target, so far to 16.89, 2.58 below the target. The structure for minute wave v is incomplete. A new target for minor wave 1 downwards is at 16.26 which may be met within one or two...
by Lara | Nov 1, 2014 | Gold |
Downwards movement continued as expected, but reached well below the target which was at 1,182. A red candlestick was expected for Friday. Summary: It is now likely that downwards movement is complete for now. The target for the next wave up is at 1,278 – 1,281....
by Lara | Oct 30, 2014 | Gold |
Downwards movement continued as expected. I have a new alternate Elliott wave count for you to consider today. Summary: Downwards movement is incomplete. The target for it to end is at 1,182. It could be over sooner than expected. Click on charts to enlarge. Main Wave...
by Lara | Oct 29, 2014 | Gold
The short term target has been updated. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording and editing software for recording and editing...
by Lara | Oct 29, 2014 | Gold |
Sideways movement was expected for the short term, and overall downwards movement was expected this week. Summary: Minute wave b is over already. Downwards movement should continue. The target for this downwards wave to end is now at 1,182. Click on charts to enlarge....
by Lara | Oct 28, 2014 | Gold
Downwards movement continued, but fell short of the target at 1,217 by $5.58. Summary: Intermediate wave (2) is unfolding as a big flat correction. Overall I expect more downwards movement to 1,190.04 in the mid term. In the short term I expect to see very choppy...
by Lara | Oct 27, 2014 | Gold |
Another red candlestick and a slight new low fit the Elliott wave count. Summary: Intermediate wave (2) is unfolding as a big flat correction. I expect more downwards movement for a few days to at least 1,190.04. It is possible we may see a new low below 1,183.06. The...
by Lara | Oct 25, 2014 | Gold
A red candlestick for Friday’s session fits the Elliott wave count, but more downwards movement was expected. Summary: Intermediate wave (2) is unfolding as a big flat correction. I expect more downwards movement for a few days to at least 1,190.04. It is...
by Lara | Oct 24, 2014 | Silver
Sideways movement has confirmed an end to minor wave 1. Click on charts to enlarge. At this stage it looks like minor wave 2 may be a shallow correction, maybe only reaching up to the 0.382 Fibonacci ratio of minor wave 1 at 18.408. Second waves are most commonly deep...
