by Lara | Jan 16, 2015 | Gold |
The fourth wave was expected to show on the daily chart, but it does not. Upwards movement now touches the large maroon channel on the weekly chart. Summary: I am expecting a trend change either now or very soon. First confirmation would come with a new low below...
by Lara | Dec 30, 2014 | Gold, Gold Historical |
Upwards movement was expected. Summary: Upwards movement should continue overall to end at least slightly above 1,255.40, but the maroon channel from the weekly chart should not be breached. Upwards movement may end at the end of next week. Click on charts to enlarge...
by Lara | Dec 19, 2014 | Gold |
Sideways movement in a very small range fits the Elliott wave count. This correction is taking a little longer. Summary: A triangle is coming to an end on the hourly chart. When it is done Gold should break out downwards to move at least to 1,172, and likely below...
by Lara | Oct 21, 2014 | Gold |
Upwards movement continues as expected. The double zigzag structure is now the only Elliott wave count I have for you. Summary: The target for upwards movement to end is a small zone: 1,277 – 1,281. It looks like the target may now be met in four more trading...
by Lara | Sep 10, 2014 | Gold |
Another downwards day and another red candlestick was expected. The short term target was not met with price $2.73 short of the target. The Elliott wave count remains the same. Summary: We may see a small fourth wave correction begin here to last a day or two, or...
by Lara | Aug 27, 2014 | Gold
Another green candlestick was expected, but we are not seeing an increase in upwards momentum. I have a new alternate hourly Elliott wave count for you to consider today. Summary: The direction of the next wave should be up. If it shows an increase in momentum then...
by Lara | Aug 12, 2014 | Gold |
Yesterday’s Elliott wave analysis expected sideways movement to end within a few hours and be followed by a resumption of the upwards trend. This is exactly what happened. And upwards movement has created a green doji for Tuesday’s session. Summary:...
by Lara | Jun 8, 2014 | Gold, Gold Historical |
This wave count expects Gold is within a grand super cycle correction. Historic Analysis. Data used for the chart above is averages for the year. It does not include high / low. Note the chart scale is a logarithmic scale. This wave count expects Gold is within a...
by Lara | Apr 12, 2014 | Gold |
Yesterday’s analysis expected to see a little upwards movement before price turned down. Upwards movement did not happen and price moved sideways in a small range to complete a small red doji candlestick. I have three hourly wave counts for you. Summary: The...