by Lara | Jan 28, 2016 | Gold |
Yesterday’s analysis expected sideways / downwards movement to a short term target about 1,114. Price has moved lower as expected to reach to 1,111.76 so far. Summary: The correction should be over here and should be followed by upwards movement to new highs....
by Lara | Jan 27, 2016 | Gold |
More upwards movement was expected. Summary: Both wave counts now expect some sideways / downwards movement for a small fourth wave to most likely end about 1,114. Thereafter, at least one more push up to 1,135 is expected. That is the point where the wave counts...
by Lara | Jan 26, 2016 | Gold |
Yesterday’s analysis expected a new high above 1,112.19 and an upwards breakout, which is exactly what has happened. Summary: The target for both bull and bear wave counts short term is now 1,135. Price will be touching the cyan trend line when it gets there....
by Lara | Jan 25, 2016 | Gold |
Upwards movement continues as expected. Summary: The target for the bear wave count remains at 1,135, which may be met in a further seven trading days. The target for the bull wave count is at 1,227 mid term, which may be met in a further nine or thirty trading days....
by Lara | Jan 22, 2016 | Gold |
Upwards movement was expected. Price moved sideways in a small range to complete a very small red candlestick. Price remains above the invalidation point and is hugging the support line. Summary: The target for the bear wave count remains 1,135. The target for the...
by Lara | Jan 19, 2016 | Gold |
Sideways movement remains above the invalidation point on the hourly chart. The short term Elliott wave count is changed slightly. The longer term picture is the same. Summary: Both wave counts expect upwards movement this week to make a new high above 1,112.19. The...
by Lara | Jan 18, 2016 | Gold |
Downwards movement was expected to end soon and be followed by upwards movement. There was no more downwards movement. Price turned and moved higher. Summary: Both wave counts expect upwards movement this week to make a new high above 1,112.19. The main bear wave...
by Lara | Jan 15, 2016 | Gold |
Downwards movement was expected to end soon and be followed by upwards movement. There was no more downwards movement. Price turned and moved higher. Summary: Both wave counts expect upwards movement next week to make a new high above 1,112.19. The main bear wave...
by Lara | Jan 9, 2016 | Gold |
A short term target for a fourth wave correction to begin was 1,113. Price turned at 1,112.19. Summary: Next week should see choppy overlapping sideways movement for a fourth wave correction. New updates to this analysis are in bold. To see the last long term analysis...