by Lara | Aug 11, 2014 | Gold |
Last main hourly Elliott wave count expected a continuation of sideways movement as a fourth wave correction unfolds; this sideways movement was expected to continue for one or two days. The alternate hourly wave count was invalidated. Summary: Sideways movement may...
by Lara | Jul 21, 2014 | Gold
Sideways movement has not clarified the situation. The Elliott wave counts remain the same. Summary: The situation is unclear. A break above 1,324.73 would indicate a third wave up may be unfolding. A break below 1,304.60 would indicate more downwards movement, which...
by Lara | Apr 28, 2014 | Gold |
Price did not move quite as high as expected at the start of Monday’s session. This changes the wave count. Summary: I expect to see choppy overlapping movement for another one to three days before the downwards trend resumes. This analysis is published about...
by Lara | Mar 26, 2014 | Gold |
Downwards movement was expected. The wave count remains the same. Summary: Momentum has not yet shown an increase, but the third wave has not yet reached its middle. I expect strong downwards momentum for the next day or so. The short term target for the next small...
by Lara | Mar 11, 2014 | Gold |
The main wave count expected upwards movement which is what we have seen. The wave count remains the same. Summary: I expect that we have seen a trend change back to the upside. Movement above 1.353.07 would confirm this. The mid term target is at 1,390 for upwards...
by Lara | Feb 25, 2014 | Gold
Again upwards movement was not expected, although it was allowed for and has not invalidated the wave count. I had expected a B wave to begin or be very close to beginning. It is not here yet. The wave count is changed. Summary: The structure within minor wave A most...
by Lara | Jan 8, 2014 | Gold
The main and first alternate hourly wave counts yesterday expected more downwards movement which is what we have seen. The second alternate now looks extremely unlikely and will be discarded. At this stage the two remaining wave counts expect the same direction next....
by Lara | Dec 5, 2013 | Gold
Yesterday’s analysis expected a little more upwards movement before price turned down. This is not what happened. A careful analysis of the last downwards wave on the hourly chart will determine if this correction is over or not. Click on the charts below to...
by Lara | Oct 2, 2013 | Gold
Yesterday’s update expected more downwards movement with small fourth wave corrections along the way. This was not what happened as price moved higher in a deep second wave correction. Click on the charts below to enlarge. This wave count sees gold in a grand...