by Lara | Dec 12, 2015 | Gold |
The correction continues as expected. Summary: There is still more than one possible structure which may be unfolding for this correction, but what is clear is that the correction is still very unlikely to be over. It may now continue for three more days to total a...
by Lara | Dec 10, 2015 | Gold |
A correction was expected to continue. Another small inside day fits this expectation. Summary: The structure of this correction is unclear and it will be impossible to accurately predict the pathway price will take to complete it (because it is impossible to predict...
by Lara | Dec 9, 2015 | Gold |
A correction was expected to continue. A small inside day fits this expectation. Summary: The structure of this correction is unclear and it will be impossible to accurately predict the pathway price will take to complete it (because it is impossible to predict what...
by Lara | Dec 8, 2015 | Gold |
A correction was expected to continue. A small inside day fits this expectation. Summary: The structure of this correction is unclear and it will be impossible to accurately predict the pathway price will take to complete it (because it is impossible to predict what...
by Lara | Dec 7, 2015 | Gold |
Upwards movement was expected but did not happen. Price remains above the invalidation point on the hourly chart. Summary: The structure of this correction is unclear. But what looks most likely is that it is not over and may end in two more days at 1,104. Or it may...
by Lara | Dec 4, 2015 | Gold |
The target at 1,082 – 1,084 was met and exceeded by 4.94. Summary: The structure of this C wave upwards is incomplete. A target for it to end on Monday or Tuesday is at 1,104. At the hourly chart level, the invalidation point can be moved up to 1,065.54. New...
by Lara | Dec 3, 2015 | Gold |
Upwards movement was expected. Summary: The target for this correction to end is at 1,082 – 1,084. It may reach the target in four more days time. Upwards movement is still expected to be a correction against the downwards trend. New updates to this analysis are...
by Lara | Dec 2, 2015 | Gold |
Upwards movement was expected but did not happen. Downwards movement invalidated the hourly Elliott wave counts. Summary: Downwards movement is most likely a B wave within an expanded flat. The target for upwards movement from here is 1,086. First, a small channel on...
by Lara | Dec 1, 2015 | Gold |
Upwards movement was expected. Summary: This second wave correction may last a total Fibonacci 13 or 21 days. It would most likely end about the 0.382 Fibonacci ratio at 1,104, because it may find resistance there at a trend line. The trend is down. This is a...
