by Lara | Oct 3, 2014 | Gold |
The correction is over and the breakout was downwards as expected. Summary: The target for minor wave 5 to end is at 1,154. If this target is wrong it may be too low. Update: It has occurred to me that often movements following the completion of a triangle are...
by Lara | Oct 2, 2014 | Gold |
Sideways movement for all three hourly Elliott wave counts was expected. This correction may still be either a triangle, a flat or a combination. Summary: The correction could be very close to completion if it is a triangle, or it could still be two or three days away...
by Lara | Oct 1, 2014 | Gold |
Upwards movement was expected for all three hourly Elliott wave counts. Summary: This correction is still incomplete, and the situation is little changed from yesterday. I expect Gold to continue to be range bound for at least one more day, but for two of the three...
by Lara | Sep 30, 2014 | Gold |
Summary: This correction is still incomplete. An adjustment to the hourly charts for recent movement sees all three possibilities of a flat, triangle and combination still open. I expect Gold to continue to be range bound until Thursday. The breakout when it comes...
by Lara | Sep 30, 2014 | Silver, Silver Historical |
Downwards movement continued as expected for Silver. I do not think minor wave 1 is over yet though; we should see a final fifth wave down to complete it. Thereafter, I would expect an upwards correction for minor wave 2. Click on charts to enlarge. Downwards movement...
by Lara | Sep 30, 2014 | GDX |
As expected GDX has moved lower. The target for minute wave iii to end was 22.32 and I expected it to be met one to two weeks after last analysis. It looks like it may have ended at 22.02 one and a half weeks after last analysis. I expect a little sideways movement to...
by Lara | Sep 29, 2014 | Gold |
Last Elliott wave analysis expected the new week to begin with a continuation of the current correction. Gold remains in a consolidation phase, as expected. Summary: This correction is incomplete and now looks most likely that a triangle is unfolding so we shall see...
by Lara | Sep 27, 2014 | Gold
Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...
by Lara | Sep 25, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Gold is may be about halfway through this consolidation phase. I expect upwards movement from here to at least just above 1,236.69. This correction may end at 1,251...
