by Lara | Oct 1, 2015 | Gold |
A small red doji candlestick fits both Elliott wave counts nicely, for the short term. Summary: Both Elliott wave counts expect a small consolidation has begun. However, we do not have confirmation at the hourly chart level yet. Only a breach of the channel on the...
by Lara | Sep 23, 2015 | Gold |
Yesterday’s analysis expected a little more downwards movement to 1,116 for both Elliott wave counts, but this is not what happened. Price moved higher. Summary: Short term both wave counts expect a little upwards movement to 1,137. Thereafter, both wave counts...
by Lara | Jun 2, 2015 | Gold |
Upwards movement was expected for both the bull and main bear Elliott wave counts. Summary: Both bull and bear wave counts still expect upwards movement to continue for a few days. The bull wave count has a minimum requirement at 1,232.49 and a maximum at 1,242.91....
by Lara | May 27, 2015 | Gold |
A little downwards movement was allowed for. Price remains within the channel and above the invalidation points which are very close by. Summary: Both bull and bear wave counts now expect upwards movement for a few days. The bull wave count has a minimum requirement...
by Lara | May 26, 2015 | Gold |
Some upwards movement to 1,215 was expected before this strong downwards movement. That did not happen. Summary: For both bull and bear wave counts this downwards movement is either over already or very close to it. There is very little room left for it to move; the...
by Lara | May 5, 2015 | Gold |
Yesterday, short term hourly Elliott wave charts expected upwards movement to at least 1,198. Price has reached up to 1,200.03 so far. Summary: In the short term the bull wave count expects a small fifth wave up to about 1,209 and the bear wave count maybe only to...
by Lara | Apr 24, 2015 | Gold |
A new low below 1,184.04 has invalidated two Elliott wave counts, leaving now only two valid Elliott wave counts. Summary: Gold is breaking out to the downside. Only wave counts 2 and 4 remain, which I will now label bull and bear respectively. A short term target for...
by Lara | Mar 25, 2015 | Gold |
The small triangle completed, as expected, and was followed by more upwards movement as expected. I can now calculate a final target for you. Summary: The trend remains up at minor, intermediate, primary and cycle degrees for the main wave count. The target for...
by Lara | Mar 6, 2015 | Gold |
Downwards movement and an increase in momentum were expected. Summary: The short term target for subminuette wave iii is 1,153. I expect another red candlestick for Monday. At this stage the trend is down. Click on charts to enlarge. Main Daily Wave Count This main...