by Lara | Aug 22, 2015 | GDX
BEAR – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. BEAR – DAILY ELLIOTT WAVE COUNT Click chart to enlarge. BULL – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. There are at this stage three likely structures for primary B for the bull...
by Lara | Aug 21, 2015 | Gold |
Upwards movement to a short term target for Friday was expected. The target at 1,164 – 1,168 was met and slightly exceeded by 0.41. I have a new wave count. Volume analysis favours it, and some problems with the prior Elliott wave count are resolved. Summary:...
by Lara | Aug 19, 2015 | Gold |
Upwards movement was expected. The first target was reached. Today’s Elliott wave analysis will focus on: identifying if this structure is complete, and looking at what price point would provide first confirmation. Summary: Upwards movement is most likely...
by Lara | Aug 17, 2015 | US Oil, US Oil Historical |
Price continues to move lower as expected. Summary: Fifth waves on commodities are often very swift and strong. The target for this one to end is at 21.96, and may be met in another six months time. Along the way down, corrections are very likely to find strong...
by Lara | Aug 14, 2015 | Gold |
The Elliott wave count continues to unfold mostly as expected. A breakout has not yet been indicated. Summary: The structure for minute wave iv is still incomplete. Minute wave iv still needs one final fifth wave up to end it; to the upside the invalidation point is...
by Lara | Aug 12, 2015 | Gold |
The main wave count was invalidated with a new high above 1,119.56. The alternate was confirmed, which expected more upwards movement. Summary: The structure is still incomplete. The structure is still seen as a fourth wave correction, and expected to end about 1,131...
by Lara | Aug 10, 2015 | Gold |
A downwards breakout was expected for Monday, but did not happen. Upwards movement invalidated the main Elliott wave count and confirmed the alternate Elliott wave count. Summary: The new wave count sees this correction as minute wave iv unfolding as a combination....
by Lara | Aug 5, 2015 | Gold |
Yesterday’s Elliott wave analysis expected the current structure to be over more quickly, but it is taking its time. Summary: The triangle is still completing, taking its time and testing our patience. I am still confident that when it is done the breakout will...
by Lara | Aug 3, 2015 | Gold |
The main Elliott wave count expected downwards movement, which is what has happened for Monday. Summary: The triangle is either over and a fifth wave down is unfolding (main wave count) or the triangle will continue sideways for another couple of days (new alternate...
