by Lara | Oct 8, 2014 | Gold |
Last Elliott wave analysis expected a little downwards movement which is not what happened. Upwards movement continued, and a new high above 1,219.14 has invalidated the alternate wave count. I have just the one Elliott wave count for you today. Summary: Gold is...
by Lara | Oct 6, 2014 | Gold
Downwards movement continued for a little, which as expected, and was followed by a deep upwards movement which was also expected for minute wave ii (as labeled in last Elliott wave analysis). I have two wave counts for you today. Summary: Intermediate wave (1) may be...
by Lara | Oct 2, 2014 | Gold |
Sideways movement for all three hourly Elliott wave counts was expected. This correction may still be either a triangle, a flat or a combination. Summary: The correction could be very close to completion if it is a triangle, or it could still be two or three days away...
by Lara | Oct 1, 2014 | Gold |
Upwards movement was expected for all three hourly Elliott wave counts. Summary: This correction is still incomplete, and the situation is little changed from yesterday. I expect Gold to continue to be range bound for at least one more day, but for two of the three...
by Lara | Sep 29, 2014 | Gold |
Last Elliott wave analysis expected the new week to begin with a continuation of the current correction. Gold remains in a consolidation phase, as expected. Summary: This correction is incomplete and now looks most likely that a triangle is unfolding so we shall see...
by Lara | Sep 27, 2014 | Gold
Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...
by Lara | Sep 25, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Gold is may be about halfway through this consolidation phase. I expect upwards movement from here to at least just above 1,236.69. This correction may end at 1,251...
by Lara | Sep 24, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week or maybe up to two weeks in total. Minor wave 4 is most likely to...
by Lara | Sep 23, 2014 | Gold |
Upwards movement for Tuesday was expected. Movement above the channel on the hourly chart and above 1,228.67 provided confirmation of the Elliott wave count. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week...