by Lara | Jun 24, 2015 | Gold |
Both Elliott wave counts expected a little upwards movement, which may have been quick and brief, but price moved lower after a little sideways movement. Summary: A small correction is either underway or due very soon indeed. Today’s long lower wick on the red...
by Lara | Jun 23, 2015 | Gold |
Both Elliott wave counts expected more downwards movement. Price fell 4.35 short of the short term target on the hourly bear Elliott wave count. Summary: A little upwards movement should now unfold for both bull and bear wave counts. Upwards movement for the bear wave...
by Lara | Jun 22, 2015 | Gold |
Both Elliott wave counts expected downwards movement. Summary: Both bull and bear wave counts expect more downwards movement. The bull count should see downwards movement unfold as a three; the bear expects a five down. If the bear is right, then it may be confirmed...
by Lara | Jun 19, 2015 | Gold |
Downwards movement was expected for both bull and bear Elliott wave counts, in the short term, but price has moved mostly sideways to complete a small red candlestick. Summary: Both bull and bear wave counts still expect downwards movement from here. The bear wave...
by Lara | Jun 18, 2015 | Gold |
Again upwards movement was unexpected for the bear Elliott wave count, but for the bull Elliott wave count the target was met. Summary: Both bull and bear wave counts expect downwards movement from here. The bear wave count expects the middle of a third wave down to...
by Lara | Jun 17, 2015 | Gold |
Upwards movement was not expected. Price has so far reached to just below a short term invalidation point. Summary: The bear wave count still requires more downwards movement to a minimum at 1,165.76. The bull count requires upwards movement to a minimum 1,195.71....
by Lara | Jun 16, 2015 | Gold |
Downwards movement fits the bear Elliott wave count best. I have a new bull hourly Elliott wave count today. Summary: The bear wave count expects more downwards movement to a target at 1,164 which may be met tomorrow. The new bull wave count requires upwards movement...
by Lara | Jun 15, 2015 | Gold |
Sideways movement in a larger range fits the bear Elliott wave count at the hourly chart level better than the bull. Summary: The bear wave count expects downwards movement to 1,165.76 minimum before another five wave structure up to a target at 1,205 (that target may...
by Lara | Jun 12, 2015 | Gold |
A small range for Friday with a small red doji fits the bear Elliott wave count slightly better than the bull. Notice: The website will be unavailable from Saturday evening to Sunday morning EST for necessary updates. Downtime expectation of only 3-4 hours, but may be...