by Lara | Apr 21, 2018 | Gold |
Downwards movement continues now as expected and shows an increase in downwards momentum, which was also expected. The target remains the same and looks reasonable. Summary: The target is at 1,306. Do not expect this swing to move in a straight line. There may be one...
by Lara | Apr 18, 2018 | Gold |
Upwards movement has breached the invalidation point on the hourly chart. The short term structure of the last four sessions is reanalysed. Summary: Overall, still expect a downwards swing from here to support. Use the wide channel on the hourly chart for confidence...
by Lara | Apr 14, 2018 | Gold |
A bounce was expected to turn up within 24 hours, which is what has happened. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this swing to move in a straight line. The first of two bounces along the way down may be over...
by Lara | Apr 10, 2018 | Gold |
Upwards movement fits the alternate hourly Elliott wave count. With support now from volume today, the hourly wave counts for the short term picture are swapped over. Summary: A target for upwards movement to end is now at 1,349. Thereafter, expect a downwards swing...
by Lara | Apr 9, 2018 | Gold |
Upwards movement to a target at 1,338 was expected for Monday. So far upwards movement has reached 1,337.79. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support...
by Lara | Apr 7, 2018 | Gold |
More downwards movement was expected for Friday. The session did begin with a new low, but thereafter a strong bounce completed a green daily candlestick. Members were warned not to expect price to move downwards in a straight line. The bounce remains well below the...
by Lara | Apr 5, 2018 | Gold |
Downwards movement continues as expected, which is choppy and overlapping, which was also expected. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support zone. Do not...
by Lara | Apr 4, 2018 | Gold |
A downwards swing was expected to continue. Members were warned that within this consolidation price should not be expected to move in a straight line. The whipsaw today is a good illustration of risk within consolidations. Summary: Expect this downwards swing to...
by Lara | Apr 2, 2018 | Gold |
A bounce was expected to begin the new week, and this is exactly what has happened. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. Do not expect this downwards swing to move in a straight line, because that is not how...
