by Lara | Sep 2, 2014 | Gold, Gold Historical
Movement below 1,273.03 has invalidated the main Elliott wave count and confirmed the alternate. The situation is now clear. Elliott wave analysis will now focus on targets for this new trend. Summary: The long term target is 956.97 which may be met in another 18...
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 12, 2014 | Gold, Gold Historical |
The target at 1,271 was met and exceeded by 3.97 during the last 24 hours. Upwards movement was expected for the short term. However, I am making a judgement today to swap over the main wave count to the triangle idea for primary wave 4. This upwards movement does not...
by Lara | Jun 8, 2014 | Gold, Gold Historical |
This 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. This wave count expects Gold is within a...
by Lara | Mar 28, 2014 | Gold, Gold Historical |
Price has moved lower as expected for Friday, but the targets have not been met. At this stage the alternate hourly wave count diverges from the main wave count. Summary: The trend remains down. We may not see the increase in momentum I was expecting. This downwards...
by Lara | Sep 20, 2013 | Gold, Gold Historical |
Movement above 1,374.17 invalidated the main wave count and confirmed the alternate. Yesterday I judged the two wave counts to have a close to even probability. It is time to review the bigger picture. I will review my main and alternate historic wave counts today....
by Lara | Sep 12, 2013 | Gold, Gold Historical
Yesterday’s analysis stated the situation was unclear, and introduced a new alternate wave count. Today movement below 1,344.26 invalidated the main wave count and confirmed the alternate. Click on the charts below to enlarge. This weekly chart shows all...
by Lara | Aug 30, 2013 | Gold, Gold Historical |
At the hourly chart level Gold has behaved as expected, continuing lower for a fourth wave correction. The target was 1,401. So far price has reached down to 1,402.63, but it cannot be confirmed that this correction is over. The hourly chart will be shown at the end...
by Lara | Feb 21, 2013 | Gold, Gold Historical
Last analysis of gold was on 25th January, 2012. That analysis expected a final upwards push to a target at 1,922 to 1,996. This did not happen and price has moved lower, although it has not breached the invalidation point on the weekly chart at 1,522.75. I am...
