by Lara | Oct 26, 2017 | Gold |
Price continued lower changing the Elliott wave count for the short term. Hourly charts today will show all movement from the last swing high on the 16th of October. Summary: While price remains above 1,260.72, this downwards movement could still be a second wave...
by Lara | Oct 24, 2017 | Gold |
A slight new low in the last few hours changes the Elliott wave count for the short term, but not the mid or long term. This is still expected to be a B wave, which exhibits the greatest variety in structure and price behaviour. Summary: A consolidation for a B wave...
by Lara | Oct 21, 2017 | Gold |
Last analysis expected long positions to be held for those with a longer time frame, and stops to be pulled up to just below 1,260.70. The target remains the same, and long positions should now have much less exposure to risk. Summary: At the weekly chart level, this...
by Lara | Oct 19, 2017 | Gold |
In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable. Advice is given today on how to manage positions with...
by Lara | Oct 18, 2017 | Gold |
Further downwards movement continued as the last analysis expected. Summary: The pullback may be over. A clear breach of the channel on the hourly charts by upwards movement would give confidence that a low is in place. At that stage, long positions would have...
by Lara | Oct 16, 2017 | Copper, GDX, Gold |
Last analysis expected upwards movement to continue towards a target at 1,320. Price did make a new high but was well short of the target. Summary: The larger trend remains up but a pullback has finally arrived. At its end, it should offer an entry point to join the...
by Lara | Oct 14, 2017 | Gold |
Analysis for the last two days has advised members to assume the trend remains the same, upwards, until proven otherwise. Friday has continued the upwards trend. A new short term target is now calculated. Summary: The trend remains up. The short term target is at...
by Lara | Oct 11, 2017 | Gold, Public Analysis |
The overall upwards trend continues. Summary: Note that inaccurate data from StockCharts substantially reduces the confidence in classic technical analysis today. While price remains above 1,284.48 and most importantly within the pink base channel on the main hourly...
by Lara | Oct 11, 2017 | Gold |
The overall upwards trend continues, which is what the Elliott wave counts expected at the daily chart level. Summary: A pullback to test support is still likely either here or very soon. The target is at 1,274 – 1,273. Overall, at this time, the trend is up. If...
