by Lara | Feb 11, 2016 | Gold |
Upwards movement was not expected for Thursday’s session. Summary: The trend is up. Another shallow brief fourth wave should continue for one or three days. It may end about 1,214 or 1,184. New updates to this analysis are in bold. Last published weekly charts...
by Lara | Feb 10, 2016 | Gold |
Sideways movement for a correction was expected. Summary: The trend is still up, but a multi day correction is unfolding. Choppy overlapping sideways movement may continue for one or more likely three more days. It may end either within 1,174 – 1,164 or at...
by Lara | Dec 29, 2014 | Gold |
Downwards movement was not expected and has invalidated the hourly Elliott wave count. The Elliott wave count is changed slightly, but the mid term picture and target remains the same. Summary: The short term target is at 1,250. I expect to see an increase in upwards...
by Lara | Dec 18, 2014 | Gold |
Downwards movement was expected, but this is not what happened. However, upwards movement was allowed for and has not breached the invalidation point on the hourly Elliott wave chart. Summary: This upwards movement has meant the target is recalculated. It is now at...
by Lara | Oct 29, 2014 | Gold |
Sideways movement was expected for the short term, and overall downwards movement was expected this week. Summary: Minute wave b is over already. Downwards movement should continue. The target for this downwards wave to end is now at 1,182. Click on charts to enlarge....
by Lara | Oct 20, 2014 | Gold
Upwards movement continues as expected. The double zigzag structure is even more likely and has the best fit. Summary: The target for upwards movement to end is a small zone: 1,277 – 1,281. It looks like the target may now be met in either two or five more...
by Lara | Aug 25, 2014 | Gold
The (B)-(D) trend line of the primary wave 4 triangle continues to provide strong support. The main Elliott wave count still has a higher probability. Summary: The breakout is most likely to be upwards when price breaks out of this sideways move it has been in for two...
by Lara | Jun 7, 2014 | Gold
Sideways movement completed a red doji candlestick for Friday’s session. The prior day’s high at 1,258.38 remains intact for now and the wave count remains the same. Summary: A third wave down has most likely begun. The target is 1,206. Movement below...
by Lara | Apr 25, 2014 | Gold
Upwards movement was expected. The target is not yet reached, but the structure is incomplete. The target may be reached on Monday. Summary: In the short term I expect to see a little more upwards movement. It may end about 1,308 or it may continue higher. If we see a...