by Lara | Dec 2, 2014 | Silver |
Downwards movement invalidated both daily Elliott wave counts, published two days ago. This Elliott wave count is updated and still expects upwards movement. Click on chart to enlarge. At 18.430 minute wave iii would reach 2.618 the length of minute wave i. This is...
by Lara | Dec 1, 2014 | Gold |
At end of week analysis the main Elliott wave count expected a little downwards movement to a target at 1,162 – 1,159, before a third wave up began. Price moved lower, reaching 16.12 below the target but remaining above the invalidation point at 1,131.09....
by Lara | Nov 30, 2014 | Silver |
Last Elliott Wave analysis of Silver expected upwards movement which is what has happened. This correction is incomplete. I have a new alternate daily wave count for you. Click on charts to enlarge. If intermediate wave (C) is incomplete then only minor wave 1 within...
by Lara | Nov 28, 2014 | Gold |
Both hourly Elliott wave counts were invalidated by downwards movement. The Elliott wave count at the daily chart level remains almost the same. And I have confidence in my labelling of intermediate wave (1) as over and intermediate wave (2) as incomplete. Summary:...
by Lara | Nov 26, 2014 | Gold |
More sideways movement fits the new main Elliott wave count very well, with some adjustment. The larger Elliott wave structure remains the same, and the target changes by $2. Summary: When sideways movement is complete I expect a short sharp upwards thrust to about...
by Lara | Nov 25, 2014 | Gold |
Another small green candlestick overall fits the Elliott wave count. The alternate hourly wave count (with a small adjustment) is now much more likely, and so today I am swapping over the main and alternate hourly wave counts. Summary: The short term target is 1,218....
by Lara | Nov 24, 2014 | Gold |
Upwards movement was expected, along with a strong increase in upwards momentum. This is not what happened. Price is moving sideways to complete a small red candlestick for Monday’s session. Summary: The main wave count expects an imminent increase in upwards...
by Lara | Nov 22, 2014 | Gold |
Another green candlestick and a new high fits expectations nicely. Summary: I expect to see a strong increase in upwards momentum Monday / Tuesday. The short term target is the same at 1,251. Click on charts to enlarge Primary wave 4 is complete and primary wave 5 is...
by Lara | Nov 20, 2014 | Gold |
A small green candlestick fits the Elliott wave count. Downwards movement is finding support about the lower edge of the green base channel on the hourly chart. Summary: Momentum may not show a strong increase for another day or so. The trend remains up, and the short...
