by Lara | Sep 27, 2014 | Gold
Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...
by Lara | Sep 25, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Gold is may be about halfway through this consolidation phase. I expect upwards movement from here to at least just above 1,236.69. This correction may end at 1,251...
by Lara | Sep 24, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week or maybe up to two weeks in total. Minor wave 4 is most likely to...
by Lara | Sep 24, 2014 | Silver |
I had expected 18.335 to be met by 19th September, but price target was too high. Price made a low at 17.347 on 22nd September, and I expect that a second wave correction began there for Silver. Click on charts to enlarge. Downwards movement subdivides so far as an...
by Lara | Sep 23, 2014 | Gold |
Upwards movement for Tuesday was expected. Movement above the channel on the hourly chart and above 1,228.67 provided confirmation of the Elliott wave count. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week...
by Lara | Sep 22, 2014 | Gold
A new low below 1,213.84 invalidated the main hourly wave count. The alternate hourly wave count allowed for downwards movement and had a target range of 1,211 – 1,206. No trend change has yet been confirmed. Summary: The downwards structure now has a better...
by Lara | Sep 21, 2014 | Gold |
Price made a new low and we have another red candlestick which was expected, although price has fallen $2.84 short of the upper edge of the target zone. Summary: It is most likely that minor wave 3 is over, but this is unconfirmed. Movement above 1,228.67 and above...
by Lara | Sep 18, 2014 | Gold |
Since last analysis price has moved sideways to complete a small green candlestick for Thursday’s session (I had expected a red candlestick). The Elliott wave count remains mostly the same and the target is now calculated at three wave degrees. Summary: The...
by Lara | Sep 18, 2014 | US Oil |
Price continued lower as expected, a little. The target of this third wave to end was 85.88. It has likely ended at 90.43, $4.55 short of the target. Summary: In the short term I expect a final fifth wave down to complete minor wave 1. The target is 84.65 which may be...
