by Lara | Jul 15, 2015 | Gold |
Downwards movement was expected. The Elliott wave count remains the same, supported again by technical analysis indicators. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards corrections should find...
by Lara | Jul 6, 2015 | Gold |
Upwards movement was expected for Monday, which is what happened. Summary: It looks like upwards movement may be over for now: a second wave correction looks complete and today’s volume spike indicates the end of this correction. A third wave down may be ready...
by Lara | Jun 25, 2015 | Gold |
A channel breach on the hourly bull Elliott wave count indicated a small correction may have arrived. Summary: Friday should see a little upwards movement most likely to end about 1,188. Thereafter, another five down should begin. If it makes a new low below 1,162.80,...
by Lara | Jun 16, 2015 | Gold |
Downwards movement fits the bear Elliott wave count best. I have a new bull hourly Elliott wave count today. Summary: The bear wave count expects more downwards movement to a target at 1,164 which may be met tomorrow. The new bull wave count requires upwards movement...
by Lara | May 9, 2015 | Gold |
I have a new bull Elliott wave count which resolves some of the problems with the prior bullish Elliott wave count. Summary: Both bull and bear wave counts expect at least some downwards movement early next week: this new bull wave count down to 1,160 and the bear...
by Lara | Apr 16, 2015 | Gold |
All four Elliott wave counts remain valid. The most recent movement has a better fit in terms of structure for Elliott wave count 4. Members should use their own preferred technical analysis tools to judge for themselves which wave count they can use as a road map for...
by Lara | Apr 7, 2015 | Gold |
Downwards movement was confirmed quickly with a channel breach of the hourly chart. Thereafter, a red candlestick was expected for Tuesday’s session. Summary: I judge it 60% likely that minute wave ii is only halfway through and may continue for another one or...
by Lara | Mar 17, 2015 | Gold |
Downwards movement was expected for one to three days towards the target. Upwards movement is finding resistance about the upper edge of the channel, with a strong overshoot. Summary: With its structure so far incomplete and with the new low, I have more confidence...
by Lara | Feb 26, 2015 | Gold |
A new high above 1,211.96 invalidated the main hourly Elliott wave count and confirmed the alternate. Summary: I expect choppy overlapping movement for about five more days (including Friday’s session) to either 1,235 or 1,263, favouring the lower target. Click...
