by Lara | Apr 8, 2015 | Gold |
Downwards movement was expected as 60% likely, which is what happened. Summary: I expect Gold has just completed a small correction two hours ago. It is extremely likely that the next few days will see strong upwards movement with an increase in momentum and high...
by Lara | Apr 1, 2015 | Gold |
A strong upwards movement fits one of the three hourly Elliott wave counts from yesterday. The next 24 hours should tell us which Elliott wave count is correct. Summary: My main wave count expects a third wave has just begun, which is supported by volume and momentum....
by Lara | Mar 31, 2015 | Gold |
Downwards movement for the short term was expected to 1,177. Price moved lower to reach 1,178.59. Summary: The short term outlook is unclear. Only a new high above 1,219.99 would confirm minor wave 2 as over and minor wave 3 as underway. If minor wave 2 continues...
by Lara | Mar 28, 2015 | Gold |
Downwards movement was expected. Friday closed with a small red candlestick fitting both Elliott wave counts nicely. Summary: Downwards movement should continue next week. The lower volume for Friday supports the main wave count which expects a correction to 1,172...
by Lara | Mar 26, 2015 | Gold |
Upwards movement was expected, but the target at 1,204 was comfortably exceeded by 15.99. Summary: I expect a short term correction for the main wave count; minor wave 2 may have begun and the target is at 1,172. This trend change is unconfirmed though, so the channel...
by Lara | Mar 24, 2015 | Gold |
The target for upwards movement in the short term, expected to be reached today, was 1,203 – 1,205. Price has only managed to move very slightly higher to 1,195.12. Summary: The new main wave count expects the trend is up at cycle, primary, intermediate and...
by Lara | Mar 13, 2015 | Gold |
I expected another red candlestick for Friday’s session. So far there is a small green candlestick, which may end as a green doji or it may end red. The main hourly Elliott wave count was confirmed, and minuette wave (iv) is an almost complete triangle. Summary:...
by Lara | Mar 12, 2015 | Gold |
Another red candlestick was expected for Thursday’s session. The session is close to ending, and so far the candlestick remains red. Summary: A small fourth wave correction is either over or may continue slightly higher / sideways. In the very short term a new...
by Lara | Mar 11, 2015 | Gold |
Another red candlestick was expected. However, a little upwards movement to 1,176 was expected first and this did not happen. Price moved sideways to complete a small triangle for the fourth wave correction and not a zigzag. Summary: The trend remains down at minor...
