by Lara | Sep 17, 2014 | Gold |
Downwards movement continues as expected. The target has been passed. The Elliott wave count remains the same. Summary: The structure is incomplete. I expect more downwards movement. The new target for it to end is 1,210 to 1,206 and may be met in 24 to 36 hours....
by Lara | Jul 22, 2014 | Gold |
More sideways movement has still not clarified the situation. The Elliott wave counts at the hourly chart level are adjusted. The triangle idea was invalidated, but a close relative, the ending diagonal, may be unfolding. Summary: Upwards movement is more likely, I...
by Lara | Jul 9, 2014 | Gold |
Sideways movement was exactly what yesterday’s Elliott wave analysis expected to see. The structure is incomplete. I have three wave counts and they all expect the same direction next as there is no divergence at this stage. Summary: I expect one to one and a...
by Lara | Jul 7, 2014 | Gold
Sideways movement was not expected as most likely. The alternate wave count has increased in probability. Summary: I expect that Gold is within a B wave. I expect to see choppy overlapping movement for a few more days before it is done. It may end about 1,297.25....
by Lara | Jun 23, 2014 | Gold |
Upwards movement was expected for Monday. Price is moving sideways in a narrow range completing a fourth wave triangle. I am adjusting the Elliott wave count to better fit with momentum, but it makes no difference to the target or direction expected. Summary: Minor...
by Lara | Jun 21, 2014 | Gold |
Yesterday’s technical analysis of Gold expected a little more upwards movement, with a fourth wave correction along the way. Price moved slightly lower and sideways. The Elliott wave structure is incomplete and the wave count remains the same. Summary: Minor...
by Lara | May 27, 2014 | Gold |
With markets closed in the US for Memorial Day Gold has had a very quiet day, completing a small B wave triangle. The wave count remains the same. Summary: I expect to see a break to the downside by the middle of this week. Movement below 1,283.43 would indicate a...
by Lara | May 24, 2014 | Gold |
Further sideways movement indicates a nine wave triangle is unfolding. It looks incomplete. The confirmation and invalidation points can now be moved closer together, reducing risk and increasing reward. Summary: A break below 1,283.43 would indicate Gold is breaking...
by Lara | May 12, 2014 | Gold |
End of week analysis expected to see one or two days overall of downwards movement towards a target at 1,267. Price did begin the new trading week with downwards movement, but only reaching to 1,277.57 in the first hour. Thereafter, upwards movement has breached the...
