by Lara | Nov 4, 2014 | Gold |
A small green candlestick on the daily chart, and a slight increase in upwards momentum on the hourly chart, fits the main Elliott wave count well. Summary: It is still most likely that the minor degree trend is now upwards. The target for the next wave up is at 1,278...
by Lara | Nov 1, 2014 | Gold |
Downwards movement continued as expected, but reached well below the target which was at 1,182. A red candlestick was expected for Friday. Summary: It is now likely that downwards movement is complete for now. The target for the next wave up is at 1,278 – 1,281....
by Lara | Oct 30, 2014 | Gold |
Downwards movement continued as expected. I have a new alternate Elliott wave count for you to consider today. Summary: Downwards movement is incomplete. The target for it to end is at 1,182. It could be over sooner than expected. Click on charts to enlarge. Main Wave...
by Lara | Oct 29, 2014 | Gold
The short term target has been updated. Note: Unfortunately, my desktop and laptop died in the last 24 hours (maybe it was that lightning strike?). So I am using a borrowed laptop, but it does not yet have the recording and editing software for recording and editing...
by Lara | Oct 25, 2014 | Gold
A red candlestick for Friday’s session fits the Elliott wave count, but more downwards movement was expected. Summary: Intermediate wave (2) is unfolding as a big flat correction. I expect more downwards movement for a few days to at least 1,190.04. It is...
by Lara | Oct 22, 2014 | Gold |
Today the situation is remarkably unclear, even after about two weeks of confidence with this second Elliott wave correction. I have three scenarios for you today. Summary: It is most likely that this second wave correction is incomplete. If price breaks above...
by Lara | Oct 16, 2014 | Gold
The short term target for a little downwards movement was at 1,232. Price moved mostly sideways, and slightly lower, falling 3.46 short of the target and taking longer to do so than expected. Summary: Upwards movement is incomplete. At this stage I expect it is quite...
by Lara | Oct 15, 2014 | Gold |
Upwards movement was expected to reach 1,243 – 1,245. Price fell 4.64 short of the target before turning downwards. Summary: Downwards movement should continue a little further to 1,222, although it may move lower than this. Click on charts to enlarge. Main Wave...
by Lara | Oct 9, 2014 | Gold |
Upwards movement continues as expected. I have a new alternate Elliott wave count for you to consider today. Summary: This third wave up should show a further increase in momentum. The target remains at 1,243. Click on charts to enlarge. Main Wave Count On the weekly...
