by Lara | Oct 25, 2017 | Gold |
Upwards movement was expected after last analysis, which so far is what is happening. Summary: A consolidation for a B wave should complete this week. Short term upwards movement should reach a minimum of 1,302.74. Thereafter, a downwards swing should unfold. For the...
by Lara | Oct 24, 2017 | Gold |
A slight new low in the last few hours changes the Elliott wave count for the short term, but not the mid or long term. This is still expected to be a B wave, which exhibits the greatest variety in structure and price behaviour. Summary: A consolidation for a B wave...
by Lara | Oct 23, 2017 | Gold |
With an invalidation of the main hourly Elliott wave count below 1,276.10, the alternate hourly Elliott wave count now has confidence. Summary: A consolidation for a B wave should complete this week. Short term upwards movement should reach a minimum of 1,302.74....
by Lara | Oct 21, 2017 | Gold |
Last analysis expected long positions to be held for those with a longer time frame, and stops to be pulled up to just below 1,260.70. The target remains the same, and long positions should now have much less exposure to risk. Summary: At the weekly chart level, this...
by Lara | Oct 19, 2017 | Gold |
In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable. Advice is given today on how to manage positions with...
by Lara | Oct 18, 2017 | Gold |
Further downwards movement continued as the last analysis expected. Summary: The pullback may be over. A clear breach of the channel on the hourly charts by upwards movement would give confidence that a low is in place. At that stage, long positions would have...
by Lara | Oct 17, 2017 | Gold |
Downwards movement continued overall as the last analysis expected. Summary: The larger trend remains up but a pullback is underway. At its end, it should offer an entry point to join the upwards trend. That may not be until the end of this week or the beginning of...
by Lara | Oct 16, 2017 | Copper, GDX, Gold |
Last analysis expected upwards movement to continue towards a target at 1,320. Price did make a new high but was well short of the target. Summary: The larger trend remains up but a pullback has finally arrived. At its end, it should offer an entry point to join the...
by Lara | Oct 14, 2017 | Gold |
Analysis for the last two days has advised members to assume the trend remains the same, upwards, until proven otherwise. Friday has continued the upwards trend. A new short term target is now calculated. Summary: The trend remains up. The short term target is at...
