by Lara | Dec 14, 2017 | Gold |
A bounce is unfolding exactly as expected. The target remains the same and may be met in another day or so. Summary: A multi day bounce for minor wave 2 has arrived. The target for minor wave 2 is 1,268, which may be met in another one, three or five days. Short...
by Lara | Dec 13, 2017 | Gold |
Last analysis called for a low to be in place and for members with short positions to take profits (if opened below a certain point). With upwards movement now unfolding, that advice would have seen Elliott Wave Gold members take some very good profits today. Summary:...
by Lara | Dec 12, 2017 | Gold |
The short term target was about 1,236. Downwards movement continued for the session as expected to reach 1,236.54. Members are today offered very specific trading advice on how to manage existing short positions and on how to join the trend. Summary: The small channel...
by Lara | Dec 11, 2017 | Gold |
Downwards movement continues exactly as expected towards the Elliott wave target, and price remains below the short term invalidation point on the hourly chart. The channel on the hourly chart is redrawn, and it should be used to indicate when this downwards wave is...
by Lara | Dec 8, 2017 | Gold |
Sideways movement during Friday’s session has reacted exactly off the upper edge of the channel given on the hourly Elliott wave chart. A new short term target is now calculated for this downwards movement to end and a bounce to begin. Summary: The short term...
by Lara | Dec 7, 2017 | Gold |
Further downwards movement should have given all members of Elliott Wave Gold profits today, if trading advice was taken. A new short term target is given and a new channel is used to indicate when downwards movement may be over. Summary: The short term target is...
by Lara | Dec 6, 2017 | Gold, Public Analysis |
Last analysis advised members to hold onto short positions which should have been entered just prior to or at the downwards breakout. Targets are given today using a classic symmetrical triangle pattern and Elliott wave counts. Summary: The classic analysis target is...
by Lara | Dec 5, 2017 | Gold |
A classic triangle pattern was identified in recent analysis. Price has broken downwards out of the pattern today, which was the expected direction. Members were advised on the 28th of November to expect downwards movement. On the 1st of December, members were given...
by Lara | Dec 4, 2017 | Gold |
Downwards movement was expected as fairly likely for Monday’s session. An inside day is complete; price has mostly moved sideways. This changes the short term picture. The classic triangle pattern is identified; a breakout may come about 73% to 75% of the...
