by Lara | Jan 12, 2015 | Gold |
Some upwards movement was expected, but the target at 1,226 has been passed. The Elliott wave count remains the same, and I have a new alternate for you. Summary: In the short term upwards movement may end at 1,234. Thereafter, the main wave count expects a downwards...
by Lara | Oct 13, 2014 | Gold
Upwards movement continues as expected. Momentum has not yet shown an increase, and both hourly Elliott wave counts are still valid. Summary: Upwards movement should continue in the short term to about 1,243 – 1,245. Thereafter, we may see a few days of...
by Lara | Oct 3, 2014 | Gold |
The correction is over and the breakout was downwards as expected. Summary: The target for minor wave 5 to end is at 1,154. If this target is wrong it may be too low. Update: It has occurred to me that often movements following the completion of a triangle are...
by Lara | Sep 11, 2014 | Gold |
Although the short term target was too high, the second hourly Elliott wave count was more correct. I have just the one daily Elliott wave count and now one hourly Elliott wave count for you today. Summary: Downwards movement is incomplete. The short term target is...
by Lara | Aug 28, 2014 | Gold
Upwards movement was expected. Both Elliott wave counts remain valid. The depth of this current downwards correction may provide some clarity. Summary: It is still most likely that an extending third wave is beginning, I expect more upwards movement with an increase...
by Lara | Aug 16, 2014 | Gold |
Yesterday’s main Elliott wave count expected to see some downwards movement to a short term target at 1,298.55 (although I had strongly suggested this target was too low) before price turned back upwards again. We did see downwards movement followed by a turn...
by Lara | Aug 13, 2014 | Gold |
Sideways movement has continued. The alternate hourly Elliott wave count was confirmed when the main hourly wave count was invalidated with a slight new low below 1,305.78. The alternate expected only more sideways movement. The bigger picture remains exactly the...
by Lara | Jul 11, 2014 | Gold |
Movement above 1,332.49 invalidated the first two hourly wave counts leaving only one hourly wave count, the third. At that stage the analysis expected more upwards movement to end between 1,333.61 to 1,343.10. Upwards movement has reached 1,345.22. Summary: Upwards...
by Lara | Jun 12, 2014 | Gold
Slow sideways and upwards movement continued as expected. The main wave count is the same and the triangle wave count is different today. Summary: The correction is still most likely incomplete. I expect a little more upwards movement to 1,271. Thereafter, downwards...
