by Lara | Dec 11, 2013 | Silver |
Last analysis of Silver expected more upwards movement towards a target at 20.184 before the resumption of the downwards trend for one final fifth wave. Upwards movement continued and has reached 0.305 above the target so far. Click on the charts below to enlarge....
by Lara | Dec 11, 2013 | Gold
Price has moved lower. I had expected it a little, but I had not expected it to be this slow. The situation at this stage is unclear. I have looked for alternates for you, including a bullish alternate which sees a trend change at 1,211.83 five days ago. I have...
by Lara | Dec 10, 2013 | Gold
Yesterday’s analysis expected downwards movement. This is not what happened. Movement above 1,244.74 invalidated the hourly wave count. The daily wave count remains valid. Click on the charts below to enlarge. Gold is still within a large fourth wave correction...
by Lara | Dec 10, 2013 | NZDUSD
If this wave count is correct then the Kiwi is ready to drop.
by Lara | Dec 9, 2013 | Gold |
Last analysis expected to see downwards movement for this week. Price has not move lower. It has moved slowly upwards and remains below the invalidation point on the hourly chart. Click on the charts below to enlarge. Gold is still within a large fourth wave...
by Lara | Dec 7, 2013 | Gold
Last analysis expected to see a green candlestick for Friday’s session which is exactly what we have got. However, upwards movement fell well short of the target of 1,252, by $7.26. The wave count remains the same. Click on the charts below to enlarge. Gold is...
by Lara | Dec 6, 2013 | US Oil
Last week’s analysis expected an end to a fourth wave correction within one or two days, to be followed by more downwards movement for a fifth wave. There is now a clear five down on the daily chart. Upwards movement has breached a channel containing this...
by Lara | Dec 5, 2013 | Gold
Yesterday’s analysis expected a little more upwards movement before price turned down. This is not what happened. A careful analysis of the last downwards wave on the hourly chart will determine if this correction is over or not. Click on the charts below to...
by Lara | Dec 4, 2013 | Silver |
Last analysis of Silver was invalidated with downwards movement below 19.595. Members of Elliott Wave Gold were aware of a new alternate for Gold, which also works for Silver. But I did not have time to update the Silver wave count. Downwards movement is incomplete....