by Lara | Oct 17, 2016 | Gold |
Downwards movement was expected for Monday, but this is not what happened. Price moved mostly sideways, and a small inside day closed green. Summary: A small consolidation is completing, which may be an Elliott wave triangle or a multiple. The classic pattern...
by Lara | Oct 5, 2016 | Gold |
I have three Elliott wave counts for you today. Elliott wave is fractal, so the key to seeing what is most likely to happen next is how to fit the current wave count into the bigger picture. Summary: Price has broken out of a triangle pattern downwards. A target for...
by Lara | Aug 29, 2016 | Gold, Public Analysis |
All three daily Elliott wave counts remain valid. The invalidation / confirmation point may now be moved lower today. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. In the short...
by Lara | Aug 24, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below 1,310, then a target for downwards movement to end is at 1,279. The longer term trend...
by Lara | Jul 5, 2016 | Gold |
A correction was expected to end at a target zone given at 1,337 – 1,339. Price moved lower to reach 1,338.21 and turned there to continue upwards, exactly as expected. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect...
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 | Jan 7, 2016 | Gold |
Price has broken out of a consolidation upwards. Summary: Short term a third wave may end about 1,113 (if this target is wrong, it may not be high enough). Thereafter, a fourth wave correction should move sideways for a few days and be followed by more upwards...
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 | Nov 27, 2015 | Gold |
An upwards breakout of a triangle was expected. Price broke out downwards, which was confirmed with a new low below 1,066.63. The Elliot wave count has changed. Summary: An impulse downwards is most likely complete. A correction upwards should unfold next week. The...
