by Lara | Aug 5, 2014 | Gold |
Upwards movement was expected for Gold but has not happened. The correction continued lower, and sideways movement completed a small green doji. The main and alternate Elliott wave counts remain mostly the same. Summary: I expect overall upwards movement here for a...
by Lara | Aug 5, 2014 | Silver |
Last Elliott wave analysis expected more downwards movement from Silver. Price has moved lower as expected. Click on charts to enlarge. Main Wave Count. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement...
by Lara | Aug 4, 2014 | Gold
Some downwards movement was expected in the short term to about 1,286.81. So far price has reached down to 1,286.20. I have a new alternate Elliott wave count for you today. Summary: I expect overall upwards movement here for a minor degree wave to just above...
by Lara | Aug 2, 2014 | Gold |
Downwards movement was expected to continue to 1,275 to 1,271, but only a slight new low to 1,280.35 was seen before price turned up. A breach of the short term invalidation point on the hourly Elliott wave chart indicates the next wave has begun. Summary: I expect...
by Lara | Jul 31, 2014 | Gold |
Movement below 1,291.83 confirmed the alternate wave count and invalidated the main Elliott wave count. By a simple process of elimination I now have just one wave count for you today. Summary: The target for this downwards movement to end is 1,275 to 1,271. It should...
by Lara | Jul 31, 2014 | Gold |
Thanks to Jaf for pointing this error out to me. The first alternate hourly wave count has an error in the analysis of minuette wave (e). It makes a slight difference to the target calculation. Within that zigzag subminuette wave a ends higher, so at 1,305 subminuette...
by Lara | Jul 30, 2014 | Gold |
The downwards target for this correction to end was almost met, with downwards movement just 0.83 short of the target. Thereafter, price has turned up a little. I have a new and better alternate Elliott wave count for you today. Summary: The main wave count has a...
by Lara | Jul 29, 2014 | Gold |
Upwards movement was expected. A new high was made, but thereafter price has moved lower to complete a red candlestick for Tuesday’s session. Summary: Downwards movement should be a second wave correction. When it is complete the upwards trend should resume with...
by Lara | Jul 28, 2014 | Gold |
Upwards movement was expected for Monday. A new high was made and thereafter price has moved sideways. The Elliott wave structure is incomplete. I am changing the alternate wave count today. Both wave counts expect the same direction next. Summary: I am confident that...
