by Lara | Jun 29, 2016 | Gold |
Both hourly Elliott wave counts in yesterday’s analysis expected at least some upwards movement. Price has moved higher as expected. Summary: It looks likely today that a correction will continue lower to end about 1,291. This target may be met in about two days...
by Lara | Jun 28, 2016 | Gold |
Price moved lower as expected but did not reach the target. Summary: A correction may be over at today’s low, or it may continue yet for a few days. The mid term target is at 1,437 and the long term target is at 1,582. Look out for surprises to the upside....
by Lara | Jun 27, 2016 | Gold |
Sideways movement fits the expectations overall for the main hourly Elliott wave count in last analysis. The picture today is a little clearer for the short term. Summary: Minor wave 3 has very likely begun. In the short term, it looks very likely that price will move...
by Lara | Jun 24, 2016 | Gold |
Upwards movement was expected, but not as much as unfolded. Summary: Minor wave 3 may have begun. Short term expectations are for price to move lower early next week. This should offer a good opportunity to join the upwards trend at a good price. The initial...
by Lara | Jun 23, 2016 | Gold |
Price moved lower towards the target. Summary: Minor wave 2 could be over, but it is still more likely that it will continue for a three or (more likely) another eight sessions. The target remains at 1,244. In the short term, some upwards movement for one to three...
by Lara | Jun 22, 2016 | Gold |
Sideways / downwards movement continued as expected towards the target. Summary: Minor wave 2 could possibly be over in one more day, but more likely it will continue for a further four, nine or seventeen days. The target remains at 1,244. New updates to this analysis...
by Lara | Jun 21, 2016 | Gold |
Targets for downwards movement were 1,271 and 1,244. Downwards / corrective movement continues as expected. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most likely target will be the 0.618 Fibonacci...
by Lara | Jun 20, 2016 | Gold |
Last analysis expected a counter trend movement to continue. A long legged doji candlestick fits this description. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most likely target will be the 0.618...
by Lara | Jun 18, 2016 | Gold |
Last analysis expected a correction to continue. Upwards movement remains below the high and is choppy and overlapping, although it was substantial. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most...
