by Lara | Dec 11, 2013 | Gold
Price has moved lower. I had expected it a little, but I had not expected it to be this slow. The situation at this stage is unclear. I have looked for alternates for you, including a bullish alternate which sees a trend change at 1,211.83 five days ago. I have...
by Lara | Dec 10, 2013 | Gold
Yesterday’s analysis expected downwards movement. This is not what happened. Movement above 1,244.74 invalidated the hourly wave count. The daily wave count remains valid. Click on the charts below to enlarge. Gold is still within a large fourth wave correction...
by Lara | Dec 6, 2013 | US Oil
Last week’s analysis expected an end to a fourth wave correction within one or two days, to be followed by more downwards movement for a fifth wave. There is now a clear five down on the daily chart. Upwards movement has breached a channel containing this...
by Lara | Dec 4, 2013 | Silver |
Last analysis of Silver was invalidated with downwards movement below 19.595. Members of Elliott Wave Gold were aware of a new alternate for Gold, which also works for Silver. But I did not have time to update the Silver wave count. Downwards movement is incomplete....
by Lara | Dec 4, 2013 | Gold |
Yesterday’s short term target was at 1,237. Price did move higher, but not before making a new low. I had expected choppy, overlapping movement for about four days towards the eventual target at 1,242.74. Price has moved above this target to reach 1,251.84 so...
by Lara | Dec 3, 2013 | Gold |
Yesterday’s short term target was at 1,212 for the end of a fifth wave. Downwards movement ended at 1,215.36, 3.36 short of the target. The structure looks complete. The wave count is unchanged from yesterday. Click on the charts below to enlarge. Gold is still...
by Lara | Dec 2, 2013 | Gold
Movement below 1,241.21 invalidated the main hourly wave count. Further movement below 1,225.4 confirmed the alternate daily wave count. At that stage the target for downwards movement was at 1,206. The main wave count is invalidated and I now expect more downwards...
by Lara | Nov 30, 2013 | Gold |
Yesterday’s analysis had a main and alternate wave count which I judged to have an even probability. Upwards movement for Friday has taken Gold outside of the parallel channel on the daily chart. This is the first thing I was looking for to indicate which wave...
by Lara | Nov 27, 2013 | Silver |
Last week’s analysis of Silver expected more downwards movement towards a target at 18.591 to 18.353. Price did move lower but has failed to reach the target. Downwards movement may have ended at 19.595, 1.004 short of the target zone. The wave count remains...
