by Lara | Dec 30, 2014 | Gold, Gold Historical |
Upwards movement was expected. Summary: Upwards movement should continue overall to end at least slightly above 1,255.40, but the maroon channel from the weekly chart should not be breached. Upwards movement may end at the end of next week. Click on charts to enlarge...
by Lara | Dec 19, 2014 | Gold |
Sideways movement in a very small range fits the Elliott wave count. This correction is taking a little longer. Summary: A triangle is coming to an end on the hourly chart. When it is done Gold should break out downwards to move at least to 1,172, and likely below...
by Lara | Oct 21, 2014 | Gold |
Upwards movement continues as expected. The double zigzag structure is now the only Elliott wave count I have for you. 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 four more trading...
by Lara | Sep 10, 2014 | Gold |
Another downwards day and another red candlestick was expected. The short term target was not met with price $2.73 short of the target. The Elliott wave count remains the same. Summary: We may see a small fourth wave correction begin here to last a day or two, or...
by Lara | Aug 27, 2014 | Gold
Another green candlestick was expected, but we are not seeing an increase in upwards momentum. I have a new alternate hourly Elliott wave count for you to consider today. Summary: The direction of the next wave should be up. If it shows an increase in momentum then...
