by Lara | Jan 8, 2015 | GDX |
I will present only the one wave count for you today. The second alternate from last analysis remains valid for GDX, but it is invalidated for Silver, and has a very low probability so I will not present it today. Click charts to enlarge. I see an incomplete five wave...
by Lara | Dec 18, 2014 | GDX |
I have a new alternate for GDX for you. It fits perfectly with Gold’s Elliott wave analysis today. Click charts to enlarge. Main Wave Count This main wave count has an even probability with the alternate below. Both wave counts are identical to the end of minor...
by Lara | Dec 16, 2014 | GDX |
One chart only this week. Click chart to enlarge. Main Wave Count
by Lara | Dec 6, 2014 | GDX |
Charts only this week. To see a full write up look at last week’s analysis here. Click charts to enlarge. Main Wave Count Still the most likely scenario. Minor wave 2 would be in proportion to minor wave 1. At 24.14 minute wave c would reach 1.618 the length of...
by Lara | Nov 30, 2014 | GDX |
Upwards movement was expected for a correction. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks like either a complete five down, or an almost complete five down (if the fifth wave is incomplete). This may be...
by Lara | Nov 19, 2014 | GDX |
Movement for the last eight days fits this Elliott wave count perfectly. Click charts to enlarge. Ratios within minor wave 1 are: there is no Fibonacci ratio between minute waves i and iii, and minute wave v is 0.18 short of 2.618 the length of minute wave i. Minor...
by Lara | Nov 9, 2014 | GDX |
The target down for minor wave 1 to end was at 16.26 in last analysis, after a small fourth wave correction. Downwards movement reached 16.45, 0.19 short of the target. Click charts to enlarge. Minuette wave (iv) unfolded as expected, and was followed by one final...
by Lara | Nov 2, 2014 | GDX |
The target down for minor wave 1 to end was at 19.47. Price has moved well below this target, so far to 16.89, 2.58 below the target. The structure for minute wave v is incomplete. A new target for minor wave 1 downwards is at 16.26 which may be met within one or two...
by Lara | Oct 24, 2014 | GDX
I am changing the wave count at the daily chart level. I have more confidence in this wave count today. Click charts to enlarge. Sideways movement over the last week or so fits nicely as a barrier triangle. Now minute waves ii and iv are better in proportion, and the...