by Lara | Apr 29, 2015 | Gold |
A small down day has not breached any invalidation points. All three Elliott wave counts remain valid. Summary: In the short term I expect at least a little more downwards movement to 1,200 – 1,197. It is possible that the small down day for Wednesday is the...
by Lara | Apr 6, 2015 | Gold |
The main hourly Elliott wave count expected upwards movement. It had two targets, 1,212 and 1,223, for a possible extended fifth wave. The second target was met and exceeded slightly when price reached 1,224.35. Summary: It looks like minute wave i is now over, but...
by Lara | Mar 2, 2015 | Gold |
Upwards movement was again expected. We have a new high. Downwards movement was not expected to be this deep though. I have a new Elliott wave count for you to consider today, and price should tell us very quickly if it is likely. Summary: This correction is too deep....
by Lara | Jan 15, 2015 | Gold |
The second wave ended just short of the target at 1,225.15 by 0.99. Thereafter, upwards movement looks like a typical third wave. Summary: The trend at minute, minor and intermediate degree remain up today, but this structure is getting close to completion. A small...
by Lara | Dec 9, 2014 | Gold |
A new high above 1,213.45 confirmed the main hourly Elliott wave count and invalidated the alternate. The short term target at 1,235 has been exceeded by 3.38 so far, but the structure is incomplete. The target was too low. The higher mid term target remains the same....
by Lara | Dec 1, 2014 | Gold |
At end of week analysis the main Elliott wave count expected a little downwards movement to a target at 1,162 – 1,159, before a third wave up began. Price moved lower, reaching 16.12 below the target but remaining above the invalidation point at 1,131.09....
by Lara | Nov 5, 2014 | Gold
Movement below 1,161.26 invalidated the main Elliott wave count and confirmed the two alternates. Summary: I expect a green candlestick or a small doji for Thursday’s session as a second wave unfolds. Expect any surprises from here on to be to the downside as...
by Lara | Sep 24, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week or maybe up to two weeks in total. Minor wave 4 is most likely to...
by Lara | Jul 19, 2014 | Gold |
Downwards movement fits the main Elliott wave count, but is not enough to provide clarity. I still have two daily wave counts. Summary: For Monday I expect to see a third wave begin. I expect it will most likely be upwards, and I would have more confidence in this...
