by Lara | Jul 7, 2016 | Gold, Gold Historical, Lara's Weekly |
This Elliott wave count expects Gold is within a grand super cycle correction. HISTORIC ANALYSIS: 1833 – 2016 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...
by Lara | Jul 6, 2016 | Gold |
Upwards movement continues as expected for Gold. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect upwards momentum to increase in coming weeks. The target for this third wave to end remains at 1,582. The middle of it may end about...
by Lara | Jul 5, 2016 | Gold |
A correction was expected to end at a target zone given at 1,337 – 1,339. Price moved lower to reach 1,338.21 and turned there to continue upwards, exactly as expected. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect...
by Lara | Jul 4, 2016 | US Oil |
Last week’s main Elliott wave count expected overall downwards movement. Price has moved sideways in a small range. Summary: Overall, downwards movement is still expected for the next few weeks, which is likely to be choppy and overlapping. New updates to this...
by Lara | Jul 4, 2016 | Gold |
The main Elliott wave count from last analysis expected price to move higher, which is what has happened. Summary: At this stage, a third wave up is still the more likely scenario, but it remains possible a deeper second wave correction could be completing first. If a...
by Lara | Jul 1, 2016 | Gold |
Upwards movement invalidated the main hourly Elliott wave count increasing the probability of the two alternates, both of which expected price to move higher. Summary: Probability has shifted to a third wave up being underway. The mid term target remains at 1,437....
by Lara | Jun 30, 2016 | Gold |
Downwards movement was expected for the main hourly Elliott wave count, but this is not what happened. However, price remains below the invalidation point, so all three hourly wave counts remain valid. Summary: It still looks more likely today that a correction will...
by Lara | Jun 30, 2016 | Silver |
Last analysis expected a correction to continue lower for a few days. This is not what happened. Price has made new highs towards the longer term target. Summary: An upwards trend is intact. A third wave up is underway. The short term target is at 19.384. The longer...
by Lara | Jun 29, 2016 | Gold |
Both hourly Elliott wave counts in yesterday’s analysis expected at least some upwards movement. Price has moved higher as expected. Summary: It looks likely today that a correction will continue lower to end about 1,291. This target may be met in about two days...
