by Lara | Aug 23, 2017 | Gold |
Upwards movement for Wednesday’s session has unfolded as expected from both the main and alternate Elliott wave counts. Summary: Upwards movement may end this week below 1,315.81. Thereafter, there may be a sharp trend change and a violent downwards movement....
by Lara | Aug 22, 2017 | Gold |
Upwards movement was expected for Tuesday’s session. Price has moved sideways to complete an inside day. The Elliott wave counts are changed a little. Summary: Upwards movement may end within the next 24 hours below 1,315.81. Thereafter, there may be a sharp...
by Lara | Aug 21, 2017 | Gold |
A little downwards movement followed by more upwards movement is exactly what all three hourly Elliott wave counts expected for Monday’s session. Summary: Upwards movement may end within the next 24 hours below 1,313.91. Thereafter, there may be a sharp trend...
by Lara | Aug 18, 2017 | Gold |
Another upwards day was expected by both Elliott wave counts. Summary: The upwards trend now looks choppy and overlapping, so it may be a diagonal nearing its end. The target at 1,320 may be too high. Always use a stop. Invest only 1-5% of equity on any one trade. New...
by Lara | Aug 17, 2017 | Gold |
Price has continued to move higher as was expected for the session by both Elliott wave counts. Summary: A short term target is now at 1,307. The final target is still at 1,320. The trend still looks to be upwards. Pullbacks are an opportunity to join the trend....
by Lara | Aug 16, 2017 | Gold |
A little more downwards movement was expected to a target at 1,266. Price did move lower, but did not make a new low and has fallen $2.34 short of the target. Summary: A short term target is now at 1,307. The final target is still at 1,320. The trend still looks to be...
by Lara | Aug 15, 2017 | Gold |
Downwards movement continued as expected for Tuesday. The target at 1,275 was passed and price remains above the invalidation point on the hourly chart and still within the channel. Summary: A new target for this pullback to end is 1,266, at the lower edge of the blue...
by Lara | Aug 14, 2017 | Gold |
Downwards movement has unfolded as expected for Monday’s session. Summary: A pullback may end within the next few hours about 1,275. If this is how price behaves, it may offer us an entry opportunity to join the upwards trend. The final target is now at 1,320....
by Lara | Aug 12, 2017 | Gold |
Price was expected to fall for Friday, but it moved slightly higher. Summary: A pullback may end on Monday or Tuesday about 1,275. If this is how price behaves, it may offer us an entry opportunity to join the upwards trend. The final target is now at 1,320. Always...
