by Lara | Dec 2, 2017 | Gold |
A final upwards swing was expected by the strongly preferred Elliott wave count. This is again exactly what has happened. An Elliott wave triangle and a classic symmetrical triangle are identified. Members are given trading advice and a most likely breakout direction,...
by Lara | Nov 30, 2017 | Gold |
The short term target for a little more downwards movement was 1,271. Downwards movement has continued and so far has reached 1,269.80, just 1.20 below the target. Summary: Members please note: the second wave count is strongly preferred. Only one final upwards swing...
by Lara | Nov 29, 2017 | Gold |
For the very short term, last analysis had three wave counts that expected downwards movement. Summary: Members please note: the second wave count is strongly preferred. Intermediate wave (B) may continue for another month if it is to exhibit a Fibonacci duration of...
by Lara | Nov 28, 2017 | Gold |
More sideways movement is overall expected for this week. Price is behaving as expected, and the breakout is still expected to be in the same direction. Summary: Members please note: the second wave count is strongly preferred. Intermediate wave (B) may continue for...
by Lara | Nov 27, 2017 | Gold |
Gold remains within a consolidation. On Balance Volume is at this stage constrained now by resistance and support lines, with five tests of each line. A breakout by On Balance Volume would be a strong signal here. Summary: Members please note: the second wave count is...
by Lara | Nov 25, 2017 | Gold |
Some downwards movement for the very short term was expected by the preferred Elliott wave count. This is exactly what has happened to end the trading week. Summary: Members please note: the second wave count is now strongly preferred. It expects sideways movement to...
by Lara | Nov 23, 2017 | Gold
The preferred Elliott wave count expected more sideways movement, which is exactly what has happened for the last several sessions. The target for the next swing remains the same. Summary: Members please note: the second wave count is now strongly preferred. It...
by Lara | Nov 22, 2017 | Gold |
The preferred Elliott wave count has expected sideways movement this week. So far this is exactly how price is behaving. Summary: Members please note: the second wave count is now strongly preferred. It expects sideways movement to continue probably for all of this...
by Lara | Nov 21, 2017 | Gold |
A little upwards movement fits the second Elliott wave count again quite nicely. This preferred wave count expects some more sideways movement, and then a breakout from the range Gold has been contained in now for some weeks. Summary: Members please note: the second...