by Lara | Mar 3, 2015 | Gold |
A new low below 1,204.53 has confirmed the alternate hourly Elliott wave count. This is now the only hourly Elliott wave count. Summary: The middle of intermediate wave (3) has most likely begun. A breach of the green channel on the hourly chart would add confidence...
by Lara | Mar 2, 2015 | Gold |
Upwards movement was again expected. We have a new high. Downwards movement was not expected to be this deep though. I have a new Elliott wave count for you to consider today, and price should tell us very quickly if it is likely. Summary: This correction is too deep....
by Lara | Feb 26, 2015 | Gold |
A new high above 1,211.96 invalidated the main hourly Elliott wave count and confirmed the alternate. Summary: I expect choppy overlapping movement for about five more days (including Friday’s session) to either 1,235 or 1,263, favouring the lower target. Click...
by Lara | Feb 23, 2015 | Gold |
A new low below 1,201.61 invalidated the main hourly Elliott wave count and confirmed the alternate. At that stage more downwards movement was expected. Summary: A third wave down is unfolding. The target for it to end is 1,124. The alternate wave count is further...
by Lara | Feb 20, 2015 | Silver |
A new low below 17.322 and then 17.201 has invalidated both my alternate Elliott wave counts for Silver (I only published one). This leaves just one Elliott wave count now for Silver. Click chart to enlarge. Minor wave 1 has a good fit. There is perfect alternation...
by Lara | Feb 18, 2015 | Gold |
The main Elliott wave count expected a strong upwards day for Wednesday, but this is not what has happened. Summary: It is still more likely that the correction is incomplete, but this has decreased in probability today and should be discarded below 1,196.24. The...
by Lara | Feb 17, 2015 | Gold |
I had expected a downwards day for Tuesday which is what has happened. The depth of this downwards movement may be surprising, but it fits the wave count nicely. Summary: It is most likely the correction is incomplete. I expect upwards movement to 1,243 to complete a...
by Lara | Feb 12, 2015 | Gold |
Downwards movement was expected, but price has moved mostly sideways. If Thursday’s session completes as a green candlestick this would be significant. Summary: The third wave may be over and the following fourth wave for minuette wave (iv) looks like it has...
by Lara | Feb 11, 2015 | Gold |
Downwards movement was expected. Summary: The short term target is 1,198 – 1,193, and should be met within the next 24 hours. While this fifth wave is underway corrections should find resistance at the lower edge of the pink base channel, and at the upper edge...
