by Lara | Jul 15, 2014 | Gold |
Downwards movement was expected for the main Elliott wave count, which was judged to have a 90% probability. The first target was at 1,305 and has now been slightly exceeded. I still have an alternate wave count for you. Summary: In the short term, if price remains...
by Lara | Jul 12, 2014 | Gold |
I expected upwards movement for Friday towards a target at 1,350. Price moved sideways and there was no new high. Although the invalidation point was not breached the wave count has been adjusted. Summary: I expect downwards movement from here next week towards a...
by Lara | Jul 11, 2014 | Gold |
Movement above 1,332.49 invalidated the first two hourly wave counts leaving only one hourly wave count, the third. At that stage the analysis expected more upwards movement to end between 1,333.61 to 1,343.10. Upwards movement has reached 1,345.22. Summary: Upwards...
by Lara | Jul 10, 2014 | GDX |
Click here to see prior Elliott wave GDX analysis for a full write up. Click charts to enlarge. Alternate Wave Count.
by Lara | Jul 10, 2014 | Silver, Silver Historical |
Click on charts to enlarge. Main Wave Count. Alternate Wave Count. The triangle is starting to look strange because the overshoot of the A-C trend line for minor wave E looks too big. Therefore, I have the alternate idea below. The end of minor wave B, the ending...
by Lara | Jul 10, 2014 | Gold |
Despite all four hourly wave counts from yesterday’s analysis being invalidated with movement above 1,324.86 I am still confident that the main wave count at the daily chart level is correct. I am still confident that minor wave B is incomplete. It is just the...
by Lara | Jul 9, 2014 | Gold |
Sideways movement was exactly what yesterday’s Elliott wave analysis expected to see. The structure is incomplete. I have three wave counts and they all expect the same direction next as there is no divergence at this stage. Summary: I expect one to one and a...
by Lara | Jul 7, 2014 | Gold
Sideways movement was not expected as most likely. The alternate wave count has increased in probability. Summary: I expect that Gold is within a B wave. I expect to see choppy overlapping movement for a few more days before it is done. It may end about 1,297.25....
by Lara | Jul 5, 2014 | Gold |
Sideways movement has not given us clarity. Both Elliott wave counts remain valid. Summary: It is most likely price will move lower towards 1,300. Thereafter, the depth of upwards movement may give us clarity. Click on charts to enlarge. Main Wave Count. Primary wave...
