by Lara | Sep 5, 2017 | Gold |
Upwards movement continues as the main Elliott wave count expects. Price today bounced up perfectly from the upper edge of the base channel. This gives us an important clue as to what should happen next. Summary: An upwards breakout has support from volume. Look out...
by Lara | Sep 4, 2017 | Gold |
Upwards movement continues as the new main wave count expects. Summary: An upwards breakout has support from volume. Look out for very strong upwards movement in upcoming weeks to a target at 1,452. In the short term, corrections may now find support at the upper edge...
by Lara | Sep 2, 2017 | Gold |
Trading advice given in last analysis favoured the bullish scenario. Members who opened a hedge or long positions should have profits. Summary: An upwards breakout has support from volume. Look out for very strong upwards movement in upcoming weeks to a target at...
by Lara | Aug 31, 2017 | Gold |
An upwards day has not made a new high and has closed just below the trend line. Classic analysis supports the alternate wave count. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains...
by Lara | Aug 30, 2017 | Gold |
Another red daily candlestick has printed as expected, but price continues to move sideways and not lower. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains below the bear market trend...
by Lara | Aug 29, 2017 | Gold |
Price has reacted strongly downwards after moving slightly higher to perfectly touch the long term bear market trend line, which was expected. A red daily candlestick was printed as expected. Summary: Assume the trend remains the same until proven otherwise. Assume...
by Lara | Aug 28, 2017 | Gold, Gold Historical |
Upwards movement was expected to continue to a target at 1,317. Price has reached 5.03 above the target. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains below the bear market trend...
by Lara | Aug 27, 2017 | Gold |
An outside day on Friday finally saw some volatility return to the market. While the short term structure on the hourly Elliott wave count is changed, the expectation for the short term remains the same. Summary: Upwards movement may continue early next week to a...
by Lara | Aug 24, 2017 | Gold |
Another small range inside day suggests a small Pennant may be forming. A new Elliott wave count sees a possible triangle completing. Summary: The breakout for the short term is expected to be upwards after sideways movement ends. It may end before 1,317.52, or it may...
