by Lara | Nov 1, 2014 | Gold |
Downwards movement continued as expected, but reached well below the target which was at 1,182. A red candlestick was expected for Friday. Summary: It is now likely that downwards movement is complete for now. The target for the next wave up is at 1,278 – 1,281....
by Lara | Sep 29, 2014 | Gold |
Last Elliott wave analysis expected the new week to begin with a continuation of the current correction. Gold remains in a consolidation phase, as expected. Summary: This correction is incomplete and now looks most likely that a triangle is unfolding so we shall see...
by Lara | Sep 21, 2014 | Gold |
Price made a new low and we have another red candlestick which was expected, although price has fallen $2.84 short of the upper edge of the target zone. Summary: It is most likely that minor wave 3 is over, but this is unconfirmed. Movement above 1,228.67 and above...
by Lara | Jul 31, 2014 | Gold |
Movement below 1,291.83 confirmed the alternate wave count and invalidated the main Elliott wave count. By a simple process of elimination I now have just one wave count for you today. Summary: The target for this downwards movement to end is 1,275 to 1,271. It should...
by Lara | Jul 26, 2014 | Gold
Upwards movement was expected for Friday. Although the target is close by and the structure is incomplete, I am changing the wave count. Summary: Monday should see more upwards movement to a target at 1,340. Movement above 1,324.73 will confirm the main wave count and...
by Lara | Jun 26, 2014 | Gold
Movement below 1,315.48 invalidated yesterday’s alternate Elliott wave count and confirmed the main wave count. I have more confidence today that a B wave has begun. So far it looks like it may be very shallow and it may also be brief. I have two wave counts for...
by Lara | Jun 10, 2014 | Gold |
Movement above 1,257.96 invalidated the main hourly wave count and was allowed for in the alternate wave count, but the structure was incorrect. I still have the same two wave counts for you. The structure at the hourly chart level is exactly the same, the...
by Lara | May 15, 2014 | Gold |
Price has moved lower as expected. A clear breach of the channel on the hourly chart confirms a third wave down should have begun. Summary: A third wave down has most likely begun. The target for it to end is 1,247 and this may be reached in four more days, or more...
by Lara | Feb 15, 2014 | Gold
Upwards movement continued as expected. The target remains the same. The wave count remains the same. Summary: I expect overall more upwards movement towards the target at 1,330. It may not take another five days; minute wave c may not exhibit a Fibonacci time...
