by Lara | May 29, 2015 | Gold |
I have spent some time looking for an alternate bull and / or bear count which could see movement below the invalidation points on the main wave counts. Summary: I cannot yet see an alternate bull wave count which would allow for more downwards movement from here. I...
by Lara | May 28, 2015 | Gold |
A little more downwards movement was still allowed for. The invalidation points are now extremely close by, but still not breached. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum requirement at...
by Lara | May 27, 2015 | Gold |
A little downwards movement was allowed for. Price remains within the channel and above the invalidation points which are very close by. Summary: Both bull and bear wave counts now expect upwards movement for a few days. The bull wave count has a minimum requirement...
by Lara | May 26, 2015 | Gold |
Some upwards movement to 1,215 was expected before this strong downwards movement. That did not happen. Summary: For both bull and bear wave counts this downwards movement is either over already or very close to it. There is very little room left for it to move; the...
by Lara | May 25, 2015 | Gold |
The main bull and bear Elliott wave counts expected a little downwards movement. Price has drifted sideways in a narrow range. Summary: A small B wave is most likely continuing sideways as a double combination. The target for it to end is 1,215. Thereafter, both main...
by Lara | May 20, 2015 | Gold |
Although a small green candlestick is completing for Wednesday’s session, choppy sideways movement was not what was expected from the Elliott wave count. I had expected upwards movement. Summary: The main bull wave count now requires sideways movement to...
by Lara | May 19, 2015 | Gold |
Yesterday’s Elliott wave analysis had three hourly wave counts for three different structures for this small fourth wave correction. The triangle was invalidated below 1,211.11 and the combination never produced a B wave which was 90% or more of its A wave. This...
by Lara | May 18, 2015 | Gold |
A small green doji candlestick fits for a fourth wave correction. In the mid term, the degree for this correction can now be known. Summary: Gold is currently in a small fourth wave correction against the trend. Both bull and bear wave counts expect sideways movement...
by Lara | May 13, 2015 | Gold |
Upwards movement for a fifth wave to a short term target at 1,199 was expected. Price moved higher, but has reached well above the target. Summary: I will choose to publish one bull and one bear wave count today for serious consideration. These are the best of several...
