by Lara | Jan 19, 2015 | Gold |
It is entirely possible that we could see one final wave up. I have a new hourly alternate Elliott wave count for you. Note: I am unable to upload any video today. My internet connection is limited. I will ensure that the text below is thorough. I will have a better...
by Lara | Jan 15, 2015 | Gold |
The second wave ended just short of the target at 1,225.15 by 0.99. Thereafter, upwards movement looks like a typical third wave. Summary: The trend at minute, minor and intermediate degree remain up today, but this structure is getting close to completion. A small...
by Lara | Jan 14, 2015 | Gold |
This second wave correction is either over already or it may have one final last push down. We may use confirmation / invalidation points to work with the two hourly wave counts today. Summary: The trend at minute, minor and intermediate degree remains up. A third...
by Lara | Jan 14, 2015 | NZDUSD |
Elliott Wave analysis of NZDUSD: Click on chart to enlarge.
by Lara | Jan 12, 2015 | Gold |
Some upwards movement was expected, but the target at 1,226 has been passed. The Elliott wave count remains the same, and I have a new alternate for you. Summary: In the short term upwards movement may end at 1,234. Thereafter, the main wave count expects a downwards...
by Lara | Jan 9, 2015 | Gold |
In the short term upwards movement was expected from yesterday’s analysis on the hourly chart. The Elliott wave count remains exactly the same. Summary: Gold is within a consolidation phase which should continue for at least one more day, and most likely longer....
by Lara | Jan 8, 2015 | Gold |
Price moved lower as expected. A small candlestick, which may end as a doji for Thursday’s session, fits the Elliott wave count nicely. Summary: Gold is within a consolidation phase which should continue for at least another two days, and maybe another six days...
by Lara | Jan 8, 2015 | US Oil, US Oil Historical |
This third wave has blitzed all targets so far, and the structure is incomplete. Summary: The next possible point for this to end is about 44.43. A new high above 57.14 would provide price confirmation that the downwards fall is over for the mid term. Click on charts...
by Lara | Jan 8, 2015 | Gold |
I had expected another green candlestick for Wednesday’s session which is not what happened. The Elliott wave count at the hourly chart level has changed again, but the picture at the daily chart level remains the same. I have confidence in the overall expected...