by Lara | Feb 4, 2016 | Gold, Gold Historical |
Upwards movement has now breached the final bear market trend line. With confirmation of a trend change, the main wave count should now be bullish. Summary: The final bear market trend line is now breached by a full daily candlestick above it and not touching it. This...
by Lara | Jan 13, 2016 | Gold, Gold Historical |
Downwards movement has breached the invalidation point on the main Elliott wave count, but this was allowed for in the alternate. Overall, a correction against a trend was expected to be continuing. Summary: The main wave count is changed to see an ending diagonal...
by Lara | Dec 18, 2015 | Gold, Gold Historical |
This is the last analysis prior to the Christmas / New Year break. Next analysis will be done after market close for Monday, 4th January, 2016. May you all have a very Merry Christmas and a Happy New Year! Summary: The trend is down. The question is whether a small...
by Lara | Nov 3, 2015 | Gold, Gold Historical |
Downwards movement was not expected below 1,132.12. Only one bull wave count remains valid as does the bear. Summary: A five wave impulse is either over here or may be very soon. Use the smallest channel on the hourly chart to indicate when downwards movement is over....
by Lara | Sep 11, 2015 | Gold, Gold Historical |
Both Elliott wave counts expected more downwards movement for Friday, which is what happened. Now is when the bull and bear wave counts diverge, and next week price may provide clarity. Summary: For next week, the bear wave count expects downwards movement to...
by Lara | May 9, 2015 | Gold, Gold Historical |
This Elliott wave count expects Gold is within a grand super cycle correction. Historic Analysis. Data used for the chart above is averages for the year. It does not include high / low. Note the chart scale is a logarithmic scale. Data on this chart is only from 1833...
by Lara | Apr 15, 2015 | Gold, Gold Historical |
Downwards movement for Wednesday was expected, but this is not what happened. While upwards movement remains below the invalidation point it makes the situation unclear. I will present four Elliott wave counts, 2 bull and 2 bear. Members should use their own preferred...
by Lara | Dec 30, 2014 | Gold, Gold Historical |
Upwards movement was expected. Summary: Upwards movement should continue overall to end at least slightly above 1,255.40, but the maroon channel from the weekly chart should not be breached. Upwards movement may end at the end of next week. Click on charts to enlarge...
by Lara | Sep 13, 2014 | Gold, Gold Historical |
Downwards movement continued as expected from last Elliott wave analysis. I have a new alternate wave count for you which differs at the weekly and daily chart level. Summary: Downwards movement is incomplete. The short term target is 1,221 where a fourth wave...
