by Lara | Oct 9, 2014 | Gold |
Upwards movement continues as expected. I have a new alternate Elliott wave count for you to consider today. Summary: This third wave up should show a further increase in momentum. The target remains at 1,243. Click on charts to enlarge. Main Wave Count On the weekly...
by Lara | Oct 9, 2014 | Silver
Downwards movement continued a little lower for a fifth wave. I expect now that minor wave 1 is over and minor wave 2 has just begun four days ago. Click on charts to enlarge. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an...
by Lara | Oct 8, 2014 | Gold |
Last Elliott wave analysis expected a little downwards movement which is not what happened. Upwards movement continued, and a new high above 1,219.14 has invalidated the alternate wave count. I have just the one Elliott wave count for you today. Summary: Gold is...
by Lara | Oct 6, 2014 | Gold
Downwards movement continued for a little, which as expected, and was followed by a deep upwards movement which was also expected for minute wave ii (as labeled in last Elliott wave analysis). I have two wave counts for you today. Summary: Intermediate wave (1) may be...
by Lara | Oct 2, 2014 | Gold |
Sideways movement for all three hourly Elliott wave counts was expected. This correction may still be either a triangle, a flat or a combination. Summary: The correction could be very close to completion if it is a triangle, or it could still be two or three days away...
by Lara | Oct 1, 2014 | Gold |
Upwards movement was expected for all three hourly Elliott wave counts. Summary: This correction is still incomplete, and the situation is little changed from yesterday. I expect Gold to continue to be range bound for at least one more day, but for two of the three...
by Lara | Sep 30, 2014 | Silver, Silver Historical |
Downwards movement continued as expected for Silver. I do not think minor wave 1 is over yet though; we should see a final fifth wave down to complete it. Thereafter, I would expect an upwards correction for minor wave 2. Click on charts to enlarge. Downwards movement...
by Lara | Sep 29, 2014 | Gold |
Last Elliott wave analysis expected the new week to begin with a continuation of the current correction. Gold remains in a consolidation phase, as expected. Summary: This correction is incomplete and now looks most likely that a triangle is unfolding so we shall see...
by Lara | Sep 27, 2014 | Gold
Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...