by Lara | Sep 25, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Gold is may be about halfway through this consolidation phase. I expect upwards movement from here to at least just above 1,236.69. This correction may end at 1,251...
by Lara | Sep 25, 2014 | NZDUSD |
Click on charts to enlarge. The first thing I have some confidence in for this Elliott wave count is the structure of primary wave 1 downwards as a five. This indicates a trend change at the high of 0.88435. Primary wave 1 subdivides as a leading expanding diagonal...
by Lara | Sep 24, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week or maybe up to two weeks in total. Minor wave 4 is most likely to...
by Lara | Sep 24, 2014 | Silver |
I had expected 18.335 to be met by 19th September, but price target was too high. Price made a low at 17.347 on 22nd September, and I expect that a second wave correction began there for Silver. Click on charts to enlarge. Downwards movement subdivides so far as an...
by Lara | Sep 23, 2014 | Gold |
Upwards movement for Tuesday was expected. Movement above the channel on the hourly chart and above 1,228.67 provided confirmation of the Elliott wave count. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week...
by Lara | Sep 21, 2014 | Gold |
Price made a new low and we have another red candlestick which was expected, although price has fallen $2.84 short of the upper edge of the target zone. Summary: It is most likely that minor wave 3 is over, but this is unconfirmed. Movement above 1,228.67 and above...
by Lara | Sep 18, 2014 | Gold |
Since last analysis price has moved sideways to complete a small green candlestick for Thursday’s session (I had expected a red candlestick). The Elliott wave count remains mostly the same and the target is now calculated at three wave degrees. Summary: The...
by Lara | Sep 18, 2014 | US Oil |
Price continued lower as expected, a little. The target of this third wave to end was 85.88. It has likely ended at 90.43, $4.55 short of the target. Summary: In the short term I expect a final fifth wave down to complete minor wave 1. The target is 84.65 which may be...
by Lara | Sep 17, 2014 | Gold |
Downwards movement continues as expected. The target has been passed. The Elliott wave count remains the same. Summary: The structure is incomplete. I expect more downwards movement. The new target for it to end is 1,210 to 1,206 and may be met in 24 to 36 hours....
