by Lara | Aug 31, 2016 | Gold, Public Analysis |
Downwards movement was expected from yesterday’s analysis. Summary: While price remains within the narrow pink channel, then assume the short term downwards trend remains intact. If the channel is breached and if price moves above 1,330.01, then assume the...
by Lara | Aug 30, 2016 | Gold, Public Analysis |
The main Elliott wave count has been confirmed with a new low below 1,310.84. Summary: Some more downwards movement this week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. A new high now above 1,330.01 would confirm downwards...
by Lara | Aug 29, 2016 | Gold, Public Analysis |
All three daily Elliott wave counts remain valid. The invalidation / confirmation point may now be moved lower today. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. In the short...
by Lara | Aug 28, 2016 | Gold |
Both Elliott wave counts from last analysis remain valid. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too high. New updates to this analysis are in bold. Last weekly charts, and a more...
by Lara | Aug 25, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: The main and alternate wave counts today are judged to have a close to even probability. Classic technical analysis today favours the alternate and more downwards movement. A new low below 1,310.84 would...
by Lara | Aug 24, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below 1,310, then a target for downwards movement to end is at 1,279. The longer term trend...
by Lara | Aug 23, 2016 | Gold |
Downwards movement was expected. Again, price moved overall sideways to complete a very small daily Gravestone doji. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below 1,310, then a...
by Lara | Aug 22, 2016 | Gold |
A new low below 1,334.06 invalidated the main Elliott wave count at the hourly chart level, indicating more downwards movement ahead. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below...
by Lara | Aug 20, 2016 | Gold |
A short term downwards movement was expected to end a little below 1,346.27 but not below 1,340.01. Price broke a little below 1,340.01 to reach 1,338.06 invalidating the first hourly Elliott wave count and unfolding as expected for the second hourly Elliott wave...
