by Lara | Dec 13, 2017 | Gold |
Last analysis called for a low to be in place and for members with short positions to take profits (if opened below a certain point). With upwards movement now unfolding, that advice would have seen Elliott Wave Gold members take some very good profits today. Summary:...
by Lara | Dec 12, 2017 | Gold |
The short term target was about 1,236. Downwards movement continued for the session as expected to reach 1,236.54. Members are today offered very specific trading advice on how to manage existing short positions and on how to join the trend. Summary: The small channel...
by Lara | Dec 11, 2017 | Gold |
Downwards movement continues exactly as expected towards the Elliott wave target, and price remains below the short term invalidation point on the hourly chart. The channel on the hourly chart is redrawn, and it should be used to indicate when this downwards wave is...
by Lara | Dec 4, 2017 | Gold |
Downwards movement was expected as fairly likely for Monday’s session. An inside day is complete; price has mostly moved sideways. This changes the short term picture. The classic triangle pattern is identified; a breakout may come about 73% to 75% of the...
by Lara | Nov 21, 2017 | Gold |
A little upwards movement fits the second Elliott wave count again quite nicely. This preferred wave count expects some more sideways movement, and then a breakout from the range Gold has been contained in now for some weeks. Summary: Members please note: the second...
by Lara | Nov 13, 2017 | Gold |
Volume will be relied upon strongly today to judge the next most likely direction for Gold. Summary: An upwards swing is expected to continue here to end about resistance at 1,305 to 1,310. Along the way up, there may be another small sideways movement to last one to...
by Lara | Nov 9, 2017 | Gold |
Upwards movement continues as expected for this analysis. On Balance Volume today gives an important signal that will be given reasonable weight in this analysis. Summary: On Balance Volume gives a bullish signal today; have confidence now that price should follow...
by Lara | Nov 8, 2017 | Gold |
Upwards movement was expected for both Elliott wave counts. A higher high and a higher low with a green daily candlestick for the session fits expectations. Summary: An upwards swing is expected to continue here to end about resistance at 1,305 to 1,310. Along the way...
by Lara | Nov 2, 2017 | Gold |
A higher high and a higher low for Thursday’s session is the definition of upwards movement. Upwards movement was what was expected. The lower edge of the channel on the hourly charts has perfectly shown where pullbacks are finding support. Summary: The trend...
