by Lara | May 22, 2015 | Gold |
The short term target for a little upwards movement was at 1,217. Gold moved higher to 1,215.03 and then turned down exactly as expected. Summary: With price above 1,200.03 all four ideas remain valid. The main bull and main bear wave counts (yesterday’s...
by Lara | May 21, 2015 | Gold |
The main bull Elliott wave count expected sideways movement. A small red candlestick fits this Elliott wave count. Summary: The very short term expects at least a little upwards movement from here to 1,212.96 or above. At any stage, a new low now below 1,200.03 would...
by Lara | May 20, 2015 | Gold |
Although a small green candlestick is completing for Wednesday’s session, choppy sideways movement was not what was expected from the Elliott wave count. I had expected upwards movement. Summary: The main bull wave count now requires sideways movement to...
by Lara | May 20, 2015 | US Oil |
Chart only today. To see a thorough analysis go here. Summary: The small fourth wave continued sideways as a double flat. The target is slightly recalculated to 64.39. Click charts to enlarge. At 64.39 minuette wave v would reach 0.618 the length of minute wave...
by Lara | May 19, 2015 | Gold |
Yesterday’s Elliott wave analysis had three hourly wave counts for three different structures for this small fourth wave correction. The triangle was invalidated below 1,211.11 and the combination never produced a B wave which was 90% or more of its A wave. This...
by Lara | May 18, 2015 | Gold |
A small green doji candlestick fits for a fourth wave correction. In the mid term, the degree for this correction can now be known. Summary: Gold is currently in a small fourth wave correction against the trend. Both bull and bear wave counts expect sideways movement...
by Lara | May 15, 2015 | Gold |
Sideways movement was expected from last Elliott wave analysis, which is what happened. Summary: This movement is a small correction against the trend, which for both bull and bear counts is up at least at minute degree. This fourth wave is either a zigzag to end...
by Lara | May 14, 2015 | Gold |
More upwards movement was allowed for as part of a fourth wave correction, but it’s more than expected. The third wave moved higher. Summary: I have the same two wave counts. The bull wave count now has two hourly options: minute wave iii may be complete as a...
by Lara | May 13, 2015 | Gold |
Upwards movement for a fifth wave to a short term target at 1,199 was expected. Price moved higher, but has reached well above the target. Summary: I will choose to publish one bull and one bear wave count today for serious consideration. These are the best of several...
