by Lara | Aug 18, 2016 | Gold |
Upwards movement was expected. Price moved sideways in a narrow range, but did make a higher high and a higher low from the prior session. Summary: In the short term, a counter trend movement should end within the next 24 hours a little below 1,346.27 but not below...
by Lara | Aug 17, 2016 | Gold |
A correction was expected to end about 1,339 before upwards movement resumed. The correction ended at 1,340.1. Thereafter, upwards movement continues as expected. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave...
by Lara | Aug 16, 2016 | Gold |
Upwards movement was again expected for the session. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can move above 1,366.87. A new low below 1,310.84 would invalidate the main wave...
by Lara | Aug 15, 2016 | Gold |
Upwards movement was expected for Monday’s session, which is what happened although price moved higher in a very small range. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can...
by Lara | Aug 9, 2016 | Gold, Gold Historical, Public Analysis |
Upwards movement was expected, although it was expected to be stronger than what transpired. Summary: The trend is up. The target remains at 1,582. Confidence in targets may be had with price movement above 1,349.25. There is still some bearish indication from volume...
by Lara | Jul 26, 2016 | Gold |
Upwards movement was expected. A new high above 1,323.56 adds some confidence to the main Elliott wave count. Summary: The trend is up. A counter trend pullback looks most likely complete. Further confidence in this outlook would come with a new high above 1,333.66....
by Lara | Jul 12, 2016 | Gold |
Downwards movement was unexpected and invalidated the daily Elliott wave count. Summary: The trend is still up. Corrections are still an opportunity to join the trend. A new high above 1,340.21 would provide price confirmation that the correction is over. Prior to...
by Lara | Jul 7, 2016 | Gold |
Upwards movement was expected as most likely from the main Elliott wave count. The alternate expected a little downwards movement. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect upwards momentum to increase in coming weeks. The...
by Lara | Jul 5, 2016 | Gold |
A correction was expected to end at a target zone given at 1,337 – 1,339. Price moved lower to reach 1,338.21 and turned there to continue upwards, exactly as expected. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect...