by Lara | Mar 9, 2016 | Gold |
Both hourly charts yesterday expected downwards movement short term which is what happened. Summary: The correction is still most likely incomplete. Some upwards movement for the next day or so may be a B or X wave which could make a new high. Thereafter, downwards...
by Lara | Feb 17, 2016 | Gold |
Sideways movement in a narrow range looks like a triangle. The question is: where did price enter the triangle and so in what direction will the breakout be? I have three hourly wave counts to try to answer this question. Summary: It looks like today minute wave iv is...
by Lara | Feb 11, 2016 | Gold |
Upwards movement was not expected for Thursday’s session. Summary: The trend is up. Another shallow brief fourth wave should continue for one or three days. It may end about 1,214 or 1,184. New updates to this analysis are in bold. Last published weekly charts...
by Lara | Feb 10, 2016 | Gold |
Sideways movement for a correction was expected. Summary: The trend is still up, but a multi day correction is unfolding. Choppy overlapping sideways movement may continue for one or more likely three more days. It may end either within 1,174 – 1,164 or at...
by Lara | Dec 29, 2014 | Gold |
Downwards movement was not expected and has invalidated the hourly Elliott wave count. The Elliott wave count is changed slightly, but the mid term picture and target remains the same. Summary: The short term target is at 1,250. I expect to see an increase in upwards...
by Lara | Dec 18, 2014 | Gold |
Downwards movement was expected, but this is not what happened. However, upwards movement was allowed for and has not breached the invalidation point on the hourly Elliott wave chart. Summary: This upwards movement has meant the target is recalculated. It is now at...
by Lara | Oct 29, 2014 | Gold |
Sideways movement was expected for the short term, and overall downwards movement was expected this week. Summary: Minute wave b is over already. Downwards movement should continue. The target for this downwards wave to end is now at 1,182. Click on charts to enlarge....
by Lara | Oct 20, 2014 | Gold
Upwards movement continues as expected. The double zigzag structure is even more likely and has the best fit. 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 either two or five more...
by Lara | Aug 25, 2014 | Gold
The (B)-(D) trend line of the primary wave 4 triangle continues to provide strong support. The main Elliott wave count still has a higher probability. Summary: The breakout is most likely to be upwards when price breaks out of this sideways move it has been in for two...
