by Lara | Dec 10, 2015 | Gold |
A correction was expected to continue. Another small inside day fits this expectation. Summary: The structure of this correction is unclear and it will be impossible to accurately predict the pathway price will take to complete it (because it is impossible to predict...
by Lara | Nov 25, 2015 | Gold |
An inside day with light volume fits the Elliott wave count. Summary: It is still most likely that a correction is continuing, but again the structure is unclear. I am expecting slow choppy overlapping movement for a further four days which may end about 1,101 –...
by Lara | Nov 4, 2015 | Gold |
Yesterday’s analysis expected downwards movement to be over at yesterday’s low or shortly thereafter. Price has continued substantially lower. Summary: In the short term, a new high above 1,122.95 would indicate a bounce up most likely from here. A bounce...
by Lara | Oct 27, 2015 | Gold |
Downwards movement was expected, but price has moved mostly sideways to complete a small green candlestick. Summary: Short term a little upwards movement to about 1,172 is expected to complete a second wave correction. Thereafter, downwards movement is expected to the...
by Lara | Sep 10, 2015 | Gold |
Yesterday two scenarios were presented on the hourly charts for the short term. The second less likely scenario has played out. Both Elliott wave counts expect the same direction next. Summary: Both wave counts will expect downwards movement to resume. In the short...
by Lara | Aug 31, 2015 | Gold |
A small correction is unfolding sideways. The correction was expected to end Monday about 1,148 – 1,150, but it is not unfolding exactly as expected. Summary: Both wave counts expect this correction is not yet over and should keep going sideways for another day,...
by Lara | Aug 20, 2015 | Gold |
Last analysis expected upwards movement to continue, which it has, but the target at 1,141 was inadequate. Price remains below the invalidation point. There still has been zero confirmation of an end to this upwards movement. The wave count is changed. Summary: At the...
by Lara | Aug 11, 2015 | Gold |
Upwards movement to 1,118 – 1,123 was expected. This is what happened, but only after a whipsaw took out the invalidation points on the hourly chart necessitating an updated short term chart for the hourly structure. I have two wave counts for you today to...
by Lara | Jul 23, 2015 | Gold |
Price continues to move slowly lower. Another red candlestick fits the main Elliott wave count. I have a new alternate Elliott wave count for you today. Summary: The main wave count and the new alternate still expect more downward movement as does the regular...
