by Lara | Jan 2, 2015 | Gold |
Movement below 1,170.83 was not expected and the Elliott wave count was invalidated. The bigger picture and the mid term outlook remain the same. Summary: The fourth wave of the ending diagonal continued lower and is now even more likely to be complete. A final fifth...
by Lara | Dec 12, 2014 | Gold |
Downwards movement is finding support perfectly at the aqua blue trend line on the daily chart. The Elliott wave count remains valid and the same. Summary: I expect a short sharp upwards thrust on Monday to 1,247. If this target is wrong it may be too low. Click on...
by Lara | Nov 11, 2014 | Gold |
I had expected a little downwards movement, likely to 1,141.95. We did see a little downwards movement but it failed to reach 1,141.95 before turning up. This narrows down the structural options for minor wave 2. Summary: I expect one more green candlestick for...
by Lara | Nov 3, 2014 | Gold
Upwards movement was expected for Monday’s session. A red candlestick was not expected, but price has mostly moved sideways and remains above the invalidation point on the main Elliott wave hourly chart. Summary: It is still most likely that downwards movement...
by Lara | Oct 28, 2014 | Gold
Downwards movement continued, but fell short of the target at 1,217 by $5.58. Summary: Intermediate wave (2) is unfolding as a big flat correction. Overall I expect more downwards movement to 1,190.04 in the mid term. In the short term I expect to see very choppy...
by Lara | Oct 23, 2014 | Gold |
Movement below 1,231.78 has clarified the situation. Summary: Intermediate wave (2) is unfolding as a big flat correction. I expect more downwards movement for a few days to at least 1,190.04. It is possible we may see a new low below 1,183.06. Click on charts to...
by Lara | Sep 22, 2014 | Gold
A new low below 1,213.84 invalidated the main hourly wave count. The alternate hourly wave count allowed for downwards movement and had a target range of 1,211 – 1,206. No trend change has yet been confirmed. Summary: The downwards structure now has a better...
by Lara | Aug 4, 2014 | Gold
Some downwards movement was expected in the short term to about 1,286.81. So far price has reached down to 1,286.20. I have a new alternate Elliott wave count for you today. Summary: I expect overall upwards movement here for a minor degree wave to just above...
by Lara | Jul 15, 2014 | Gold |
Downwards movement was expected for the main Elliott wave count, which was judged to have a 90% probability. The first target was at 1,305 and has now been slightly exceeded. I still have an alternate wave count for you. Summary: In the short term, if price remains...
