by Lara | Aug 16, 2014 | Gold |
Yesterday’s main Elliott wave count expected to see some downwards movement to a short term target at 1,298.55 (although I had strongly suggested this target was too low) before price turned back upwards again. We did see downwards movement followed by a turn...
by Lara | Aug 14, 2014 | Gold |
Sideways movement continues. The main hourly Elliott wave count still looks more likely. Summary: It is most likely we shall see more sideways movement ending a little lower to about 1,298.55 before the upward trend resumes (although this target may be too low, we may...
by Lara | Aug 13, 2014 | Gold |
Sideways movement has continued. The alternate hourly Elliott wave count was confirmed when the main hourly wave count was invalidated with a slight new low below 1,305.78. The alternate expected only more sideways movement. The bigger picture remains exactly the...
by Lara | Aug 12, 2014 | Gold |
Yesterday’s Elliott wave analysis expected sideways movement to end within a few hours and be followed by a resumption of the upwards trend. This is exactly what happened. And upwards movement has created a green doji for Tuesday’s session. Summary:...
by Lara | Aug 12, 2014 | US Oil, US Oil Historical |
Downwards movement has continued as expected. The wave count remains the same. Summary: The target remains at 74.53. This target may be 13 weeks away. Click on charts to enlarge. Upwards movement has hit the upper teal trend line. Since price bounced down from that...
by Lara | Aug 11, 2014 | Gold |
Last main hourly Elliott wave count expected a continuation of sideways movement as a fourth wave correction unfolds; this sideways movement was expected to continue for one or two days. The alternate hourly wave count was invalidated. Summary: Sideways movement may...
by Lara | Aug 9, 2014 | Gold |
Last Elliott wave analysis expected some downwards movement before more upwards movement, but this is not what happened. Price moved higher before turning lower to complete a red doji candlestick for Friday’s session. This changes the wave count slightly, but...
by Lara | Aug 7, 2014 | Gold
Upwards movement continued as expected. The Elliott wave count remains the same. Summary: A small second wave correction may be about to begin, interrupting this upwards movement. It may reach down to about 1,294.73 and it may show on the daily chart as one or two red...
by Lara | Aug 6, 2014 | Gold |
The main Elliott wave count expected upwards movement in the short term to show an increase in momentum. The short term target was at 1,310. Price moved strongly higher as expected, so far up to 1,309.74. Summary: Today I have just one wave count for you. Upwards...
