by Lara | Feb 12, 2015 | Gold |
Downwards movement was expected, but price has moved mostly sideways. If Thursday’s session completes as a green candlestick this would be significant. Summary: The third wave may be over and the following fourth wave for minuette wave (iv) looks like it has...
by Lara | Feb 11, 2015 | Gold |
Downwards movement was expected. Summary: The short term target is 1,198 – 1,193, and should be met within the next 24 hours. While this fifth wave is underway corrections should find resistance at the lower edge of the pink base channel, and at the upper edge...
by Lara | Feb 4, 2015 | Gold |
Just one quick Elliott wave hourly chart to update most recent movement. Minuette wave (ii) is moving a little higher, and it is not quite complete. At 1,275 micro wave C within the second zigzag of this double would reach equality in length with micro wave A. This...
by Lara | Feb 4, 2015 | Gold |
More upwards movement was allowed for and has remained below the invalidation point and trend line on the Elliott wave hourly chart. Summary: I am expecting the middle of a third wave has most likely just begun. The target for it to end is at 1,223. The targets for...
by Lara | Jan 29, 2015 | Gold |
A new low below 1,272.34 has provided the breakout we were waiting for. This invalidates the main Elliott wave count and confirms the Elliott wave alternate counts. Summary: The short term target for this third wave is 1,240. I expect a red candlestick for...
by Lara | Jan 28, 2015 | Gold |
I had expected a breakout within the last 24 hours, but price continues sideways in an ever narrowing range. We still need a breakout to tell us which Elliott wave count is correct. Summary: A new high above 1,308.10 would confirm the main wave count and invalidate...
by Lara | Jan 26, 2015 | Gold |
Last Elliott wave analysis stated the situation was unclear. It is still unclear, but we have more information today to assist a decision either way. Summary: Downwards movement with strong momentum favours the two alternates. Price is finding support at the upper...
by Lara | Jan 23, 2015 | Gold |
Downwards movement was expected. The main Elliott wave count is changed substantially today. Summary: The situation is unclear. Use your own judgement in addition to my analysis to decide which wave count you see as most likely. The main wave count expects one final...
by Lara | Jan 19, 2015 | Gold |
It is entirely possible that we could see one final wave up. I have a new hourly alternate Elliott wave count for you. Note: I am unable to upload any video today. My internet connection is limited. I will ensure that the text below is thorough. I will have a better...
