by Lara | Aug 17, 2015 | Gold |
Upwards movement was expected for Monday. Summary: Upwards movement may end tomorrow about 1,132. If it does not end there tomorrow, then the next expectation would be Wednesday to see a high at 1,142 – 1,144. Upwards movement may end at any stage as soon as a...
by Lara | Aug 17, 2015 | US Oil, US Oil Historical |
Price continues to move lower as expected. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96, and may be met in another six months time. Along the way down, corrections are very likely to find strong...
by Lara | Aug 14, 2015 | Gold |
The Elliott wave count continues to unfold mostly as expected. A breakout has not yet been indicated. Summary: The structure for minute wave iv is still incomplete. Minute wave iv still needs one final fifth wave up to end it; to the upside the invalidation point is...
by Lara | Aug 13, 2015 | Gold |
The Elliott wave count as updated in yesterday’s analysis is unfolding mostly as expected. Summary: The structure for minute wave iv is still incomplete. Minute wave iv still needs one final fifth wave up to end it, and a target is now calculated at 1,134 which...
by Lara | Aug 12, 2015 | Gold |
The main wave count was invalidated with a new high above 1,119.56. The alternate was confirmed, which expected more upwards movement. Summary: The structure is still incomplete. The structure is still seen as a fourth wave correction, and expected to end about 1,131...
by Lara | Aug 11, 2015 | Gold |
Upwards movement to 1,118 – 1,123 was expected. This is what happened, but only after a whipsaw took out the invalidation points on the hourly chart necessitating an updated short term chart for the hourly structure. I have two wave counts for you today to...
by Lara | Aug 10, 2015 | Gold |
A downwards breakout was expected for Monday, but did not happen. Upwards movement invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: The new wave count sees this correction as minute wave iv unfolding as a combination....
by Lara | Aug 7, 2015 | Gold |
A breakout of this consolidation is expected to occur on Monday. Summary: The triangle is most likely complete. Subminuette wave v down should unfold next week to either 1,068 (more likely) or 1,036 – 1,038 (less likely). If the first target is correct, then it...
by Lara | Aug 6, 2015 | Gold |
The Elliott wave count remains the same. A breakout is still expected to come very soon. Summary: The triangle is still completing, taking its time and testing our patience. I am still confident that when it is done the breakout will be downwards to move at least...
