by Lara | Dec 20, 2016 | Gold |
A small downwards day fits the preferred expectations for Gold, but all Elliott wave counts remain valid. Targets remain the same. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation. The target is...
by Lara | Nov 22, 2016 | Gold |
Yesterday’s analysis expected upwards movement overall. Price has overall moved sideways and lower. So far an inside day is completing for Tuesday’s session. Summary: Upwards movement is expected from here. The target at 1,533 may be met in about six...
by Lara | Oct 31, 2016 | Gold |
A very slight new high was expected before downwards movement. Price has moved lower, but it did not make a slight new high first. Summary: A lack of support from volume for today’s downwards movement is concerning for the main wave count in the short term. The...
by Lara | Oct 19, 2016 | Gold |
Upwards movement was expected from both the main and alternate Elliott wave counts in yesterday’s analysis. The two Elliott wave counts now diverge. Invalidation and confirmation points will be used to let price tell us which one is correct. And classic...
by Lara | Sep 22, 2016 | Gold |
Upwards movement was again expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback...
by Lara | Aug 30, 2016 | Gold, Public Analysis |
The main Elliott wave count has been confirmed with a new low below 1,310.84. Summary: Some more downwards movement this week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. A new high now above 1,330.01 would confirm downwards...
by Lara | Jun 27, 2016 | Gold |
Sideways movement fits the expectations overall for the main hourly Elliott wave count in last analysis. The picture today is a little clearer for the short term. Summary: Minor wave 3 has very likely begun. In the short term, it looks very likely that price will move...
by Lara | May 11, 2016 | Gold |
Upwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: It is likely that a third wave upwards is in the very early stages. The target remains at 1,477. Risk remains at 1,237.97. The wave count is supported by volume...
by Lara | Apr 18, 2016 | Gold |
A little more upwards movement was expected to end about 1,248. Price reached up to only 1,241.55 before turning down. Summary: A new low now below 1,223.78 would provide confidence that downwards movement should continue. A new low below 1,209.08 would confirm the...
