by Lara | Jun 18, 2015 | Gold |
Again upwards movement was unexpected for the bear Elliott wave count, but for the bull Elliott wave count the target was met. Summary: Both bull and bear wave counts expect downwards movement from here. The bear wave count expects the middle of a third wave down to...
by Lara | Jun 17, 2015 | Gold |
Upwards movement was not expected. Price has so far reached to just below a short term invalidation point. Summary: The bear wave count still requires more downwards movement to a minimum at 1,165.76. The bull count requires upwards movement to a minimum 1,195.71....
by Lara | Jun 16, 2015 | Gold |
Downwards movement fits the bear Elliott wave count best. I have a new bull hourly Elliott wave count today. Summary: The bear wave count expects more downwards movement to a target at 1,164 which may be met tomorrow. The new bull wave count requires upwards movement...
by Lara | Jun 15, 2015 | Gold |
Sideways movement in a larger range fits the bear Elliott wave count at the hourly chart level better than the bull. Summary: The bear wave count expects downwards movement to 1,165.76 minimum before another five wave structure up to a target at 1,205 (that target may...
by Lara | Jun 12, 2015 | Gold |
A small range for Friday with a small red doji fits the bear Elliott wave count slightly better than the bull. Notice: The website will be unavailable from Saturday evening to Sunday morning EST for necessary updates. Downtime expectation of only 3-4 hours, but may be...
by Lara | Jun 11, 2015 | Gold |
Downwards movement fits the bear Elliott wave count better than the bull, but it is not enough to provide price confirmation yet. Summary: The bull wave count expects the middle of a third wave up to show a strong increase in momentum. A short term target is at 1,209,...
by Lara | Jun 10, 2015 | Gold |
A new high above 1,191.71 invalidated two hourly Elliott wave counts confirming the prior downwards wave as complete. Summary: The bull wave count now expects a third wave up has begun, and the target is the same at 1,288. The bear wave count now expects a second wave...
by Lara | Jun 9, 2015 | Gold |
There are four hourly Elliott wave counts today. Confirmation / invalidation points may be used to work with these four Elliott wave counts over the next two days, until we are left eventually with only one count. Summary: For the bull wave count: if minor wave 2 is...
by Lara | Jun 8, 2015 | Gold |
A small inside day fits both Elliott wave counts at the hourly chart level. The Elliott wave counts remain the same. Summary: Structure indicates it is still more likely we shall see a little more downwards movement before this wave is over; the target is now...
