by Lara | Aug 1, 2016 | Gold |
Upwards movement was expected for Monday. Overall, the session moved upwards to complete a green daily candlestick. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one...
by Lara | Jul 27, 2016 | Gold |
Again, upwards movement was expected. A new high above 1,333.66 added further confidence to the main Elliott wave count. The target remains the same. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no...
by Lara | Jul 22, 2016 | Gold, Gold Historical |
In the short term, a small correction to about 1,325 was expected. Price moved lower, reaching 1,320. Summary: The correction still looks like it is over. A short term target for a strong third wave up is at 1,515. New updates to this analysis are in bold. Grand...
by Lara | Jul 19, 2016 | Gold |
The small pennant pattern noted in yesterday’s analysis continues to move price sideways in a narrow range. The breakout direction is expected to be the same. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks...
by Lara | Jul 18, 2016 | Gold |
Downwards movement was expected to begin the new week. Price has moved sideways in a small range, remaining below the invalidation point (which is close by) on the first Elliott wave hourly chart. Summary: The trend is still up. A multi day correction against the...
by Lara | Jun 8, 2016 | Gold |
The main Elliott wave count yesterday expected more upwards movement to a target at 1,255 or 1,267. So far price has moved higher as expected reaching 1,263.97. Summary: The main wave count has a higher probability. It expects an upwards wave to end about 1,267....
by Lara | Jun 4, 2016 | Gold |
Strong upwards movement was unexpected, but it has taken price up to one of the two possible targets for a multi day correction to end. Summary: The main wave count still expects intermediate (2) is not over. A new low short term below 1,220.16 would add confidence to...
by Lara | May 31, 2016 | Gold |
Upwards movement was expected for Tuesday, which is exactly what happened. Summary: The trend may still be down although classic technical analysis indicates a low may be in place. A final fourth wave correction may last another one to three sessions and may end about...
by Lara | May 16, 2016 | Gold, Gold Historical, Public Analysis |
The main hourly Elliott wave count expected upwards movement for Monday from Gold, which is what happened. Price has made a higher high and a higher low on slightly increasing volume. Summary: At the beginning of this week, the picture is not as clear as last week....
