by Lara | Sep 7, 2015 | Gold |
Overall downwards movement was expected mid term for both Elliott wave counts. The short term structure favours the idea presented on the hourly bear Elliott wave count. Summary: Both wave counts still expect overall downwards movement this week. Short term it is most...
by Lara | Sep 3, 2015 | Gold |
Downwards movement is unfolding as expected for both Elliott wave counts. Summary: Downwards movement should continue to 1,096 for the bull wave count or 1,063 for the bear wave count. On the way down, a new low below 1,072.09 would fully invalidate the bull wave...
by Lara | Sep 2, 2015 | Gold |
Downwards movement was expected for Wednesday’s session for Gold. Today’s analysis will answer the question of whether or not price has confirmed the trend. Summary: The channel on the hourly chart is breached, but the breach is not convincing and there is...
by Lara | Aug 31, 2015 | Gold |
A small correction is unfolding sideways. The correction was expected to end Monday about 1,148 – 1,150, but it is not unfolding exactly as expected. Summary: Both wave counts expect this correction is not yet over and should keep going sideways for another day,...
by Lara | Aug 27, 2015 | Gold |
Downwards movement was expected. Price moved sideways to complete a very small red doji. Summary: For the short term, both wave counts still expect downwards movement. The bull count expects a zigzag down to end most likely within a range of 1,105 – 1,091. The...
by Lara | Aug 26, 2015 | Gold |
Movement below 1,119.23 has invalidated how the bull wave count was labelled for most recent movement and reduced the probability overall of that count. At this stage, I now have a bull and bear count which have about an even probability. Price should tell us which...
by Lara | Aug 24, 2015 | Gold |
Some downwards movement was expected for the new wave count in the short term, which is what has happened. Movement was choppy and overlapping and moved lower for Monday. Today I will expand on three different ideas for the new wave count at the weekly chart level....
by Lara | Aug 20, 2015 | Gold |
Last analysis expected upwards movement to continue, which it has, but the target at 1,141 was inadequate. Price remains below the invalidation point. There still has been zero confirmation of an end to this upwards movement. The wave count is changed. Summary: At the...
by Lara | Aug 18, 2015 | Gold |
Upwards movement was expected for Tuesday. Although price moved sideways to complete a small green doji, downwards movement during the session moved below the invalidation point on the hourly chart. Summary: To call an end to subminuette wave iv yesterday was probably...
