by Lara | Jul 3, 2014 | Gold |
The hourly wave count was invalidated with movement below 1,310.43. As stated in yesterday’s Elliott wave analysis a breach of this invalidation point may be significant at primary wave degree. Summary: At this stage I expect it is likely primary wave 5...
by Lara | Jul 2, 2014 | Gold |
Sideways movement continues as expected from yesterday’s sole Elliott wave count. It now shows as two red doji candlesticks on the daily chart. The target remains the same. Summary: Sideways movement is extremely close to completion. Price should break out...
by Lara | Jul 2, 2014 | Silver, Silver Historical |
Upwards movement continues. The triangle for Silver, as it is for Gold and GDX, is incomplete. Click on charts to enlarge. The triangle for intermediate wave (B) is almost a complete barrier triangle. When I am confident that the triangle for intermediate wave (B) is...
by Lara | Jul 2, 2014 | GDX |
Last Elliott wave analysis expected to see upwards movement for a C wave within the triangle. Price has moved higher as expected. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks most like a first, second and...
by Lara | Jul 1, 2014 | Gold |
The first five wave structure upwards is now complete. The structure and behaviour which follows it gives us information as to whether this upwards trend should continue towards the target, or if it could be over there. Summary: The most likely target for minor wave C...
by Lara | Jun 30, 2014 | Gold, Gold Historical |
Sideways movement continued, although for less than one day. The breakout was expected to be upwards. The alternate hourly wave count target for sideways movement to end was at 1,311.44 which was met and exceeded by just 1.01. Summary: Minor wave B is complete as a...
by Lara | Jun 28, 2014 | Gold |
Sideways movement continues as expected. Elliott wave count options for the B wave can now be narrowed down further. To end the week, I have two Elliott wave hourly charts for you. Summary: Minor wave B is incomplete. I expect to see more choppy overlapping movement...
by Lara | Jun 27, 2014 | GDX |
Last Elliott wave analysis expected to see downwards movement for a D wave within the triangle. Price did move lower in choppy overlapping sideways movement, but wave D has not yet arrived. Click charts to enlarge. The clearest piece of movement is the downwards...
by Lara | Jun 26, 2014 | Gold
Movement below 1,315.48 invalidated yesterday’s alternate Elliott wave count and confirmed the main wave count. I have more confidence today that a B wave has begun. So far it looks like it may be very shallow and it may also be brief. I have two wave counts for...
