by Lara | Apr 5, 2018 | Gold |
Downwards movement continues as expected, which is choppy and overlapping, which was also expected. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support zone. Do not...
by Lara | Feb 28, 2018 | Gold |
A small inside day does not change the Elliott wave count at this time. Summary: Two targets for a little more downwards movement are 1,310 and 1,300. Thereafter, look for an upwards swing to begin. New updates to this analysis are in bold. Grand SuperCycle analysis...
by Lara | Feb 19, 2018 | Gold |
A little more downwards movement has unfolded for Monday exactly as expected. With New York closed for Presidents’ day, a very quiet session for Monday sees no change to the analysis. Summary: Gold and GDX both remain range bound. In the short term, look out for...
by Lara | Feb 8, 2018 | Gold |
Another downwards day was expected to see price continue towards the target. Summary: Price is at support, so the target may not be met. For the short term, a new high above 1,327.81 and then above the yellow best fit channel would indicate an end to the downwards...
by Lara | Jan 18, 2018 | Gold |
Price continues to move slowly lower as the main wave count expects it to. Summary: The main wave count expects a trend change to a new bear market to last one to several years, and the target is 470. A new low below 1,324.93 now offers further confidence in this...
by Lara | Dec 21, 2017 | Gold |
A little more upwards movement to 1,270 was expected. Price has moved higher to reach up to 1,268.58, just 1.42 short of the target. Summary: A third wave down may begin from here. Some confidence may be had in this view when / if price breaks below the lower edge of...
by Lara | Dec 19, 2017 | Gold, Public Analysis |
Price has been behaving exactly as expected now for over a week. We may have reasonable confidence in the current Elliott wave count. Volume analysis also supports it today. Summary: Upwards movement may end tomorrow at 1,268 to 1,270. Thereafter, a third wave down...
by Lara | Dec 18, 2017 | Gold |
Price continues higher towards the target for this upwards movement to end. Two hourly charts are provided today. They both expect the same direction next, only the Elliott wave structures are different, and both have the same target. Summary: Upwards movement may end...
by Lara | Dec 16, 2017 | Gold |
A target for another day or so was 1,264. Price moved higher to reach 1,261.40 before turning down. Summary: A multi day bounce for minor wave 2 has arrived. The target for minor wave 2 is still 1,268, which may be met in another two or five days. Short positions...
