by Lara | Jun 5, 2015 | Gold |
Downwards movement was expected. The first target at 1,165 was met and exceeded by 2.2. Summary: It is more likely this downwards wave is incomplete. Confirmation would come with a new low below 1,162.80, with the target at 1,157. Alternatively, it is possible this...
by Lara | Jun 4, 2015 | Gold |
Yesterday’s analysis was unclear as to what direction to expect with three different Elliott wave counts with different expectations. A new low below 1,178.08 eliminated one Elliott wave count, now leaving only two which expect the same direction next. Summary:...
by Lara | Jun 3, 2015 | Gold |
Upwards movement was expected for the bull and main bear Elliott wave counts, but downwards movement breached their invalidation points. The alternate bear Elliott wave count is now taken more seriously. Summary: The last swing down will subdivide as either a three or...
by Lara | Jun 2, 2015 | Gold |
Upwards movement was expected for both the bull and main bear Elliott wave counts. Summary: Both bull and bear wave counts still expect upwards movement to continue for a few days. The bull wave count has a minimum requirement at 1,232.49 and a maximum at 1,242.91....
by Lara | Jun 1, 2015 | Gold |
Upwards movement was expected and is enough to provide full confirmation of the two main Elliott wave counts, which still do not diverge at this stage. Summary: Both bull and bear wave counts still expect upwards movement to continue for a few days. The bull wave...
by Lara | May 29, 2015 | Gold |
Upwards movement was expected. The main Elliott wave counts remain the same, and a new bearish alternate will be added to daily analysis. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum...
by Lara | May 29, 2015 | Gold |
I have spent some time looking for an alternate bull and / or bear count which could see movement below the invalidation points on the main wave counts. Summary: I cannot yet see an alternate bull wave count which would allow for more downwards movement from here. I...
by Lara | May 28, 2015 | Gold |
A little more downwards movement was still allowed for. The invalidation points are now extremely close by, but still not breached. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum requirement at...
by Lara | May 27, 2015 | Gold |
A little downwards movement was allowed for. Price remains within the channel and above the invalidation points which are very close by. Summary: Both bull and bear wave counts now expect upwards movement for a few days. The bull wave count has a minimum requirement...
