by Lara | Aug 18, 2016 | Gold |
Upwards movement was expected. Price moved sideways in a narrow range, but did make a higher high and a higher low from the prior session. Summary: In the short term, a counter trend movement should end within the next 24 hours a little below 1,346.27 but not below...
by Lara | Aug 17, 2016 | Gold |
A correction was expected to end about 1,339 before upwards movement resumed. The correction ended at 1,340.1. Thereafter, upwards movement continues as expected. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave...
by Lara | Aug 16, 2016 | Gold |
Upwards movement was again expected for the session. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can move above 1,366.87. A new low below 1,310.84 would invalidate the main wave...
by Lara | Aug 15, 2016 | Gold |
Upwards movement was expected for Monday’s session, which is what happened although price moved higher in a very small range. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can...
by Lara | Aug 13, 2016 | Gold |
Again, upwards movement was expected and overall did not happen. The new low for Friday remains above the invalidation point on the hourly Elliott wave chart. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count...
by Lara | Aug 9, 2016 | Gold, Gold Historical, Public Analysis |
Upwards movement was expected, although it was expected to be stronger than what transpired. Summary: The trend is up. The target remains at 1,582. Confidence in targets may be had with price movement above 1,349.25. There is still some bearish indication from volume...
by Lara | Jul 28, 2016 | Gold |
A little upwards movement was followed by some downwards movement, exactly as expected. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and always use a stop...
by Lara | Jul 26, 2016 | Gold |
Upwards movement was expected. A new high above 1,323.56 adds some confidence to the main Elliott wave count. Summary: The trend is up. A counter trend pullback looks most likely complete. Further confidence in this outlook would come with a new high above 1,333.66....
by Lara | Jul 14, 2016 | Gold |
Yesterday’s analysis expected downwards movement. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks incomplete. A target for it to end is either 1,291 or just below 1,249.94. Volume supports a short term...
