by Lara | Aug 9, 2016 | Gold, Gold Historical, Public Analysis |
Upwards movement was expected, although it was expected to be stronger than what transpired. Summary: The trend is up. The target remains at 1,582. Confidence in targets may be had with price movement above 1,349.25. There is still some bearish indication from volume...
by Lara | Aug 5, 2016 | Gold |
A correction was expected to end about 1,347 – 1,346. A lower target was considered at 1,333. Price moved well below the preferred higher target. Summary: The trend is up. The target remains at 1,582. Monday may begin with a very little downwards movement before...
by Lara | Jul 26, 2016 | Gold |
Upwards movement was expected. A new high above 1,323.56 adds some confidence to the main Elliott wave count. Summary: The trend is up. A counter trend pullback looks most likely complete. Further confidence in this outlook would come with a new high above 1,333.66....
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 | Jun 7, 2016 | Gold |
The Elliott wave counts are swapped over today. The long term target remains the same for the new main Elliott wave count. The short term target is changed. Summary: The main wave count expects an impulse to end with a final fifth wave up at 1,255. Thereafter, a...
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 10, 2016 | Gold |
Upwards movement was expected for Tuesday’s session. Price moved sideways to complete a small green doji. Summary: It is still most likely that price will begin a third wave up from here or very soon. The target remains at 1,477 and risk remains at 1,237.97. New...
by Lara | Apr 20, 2016 | Gold |
Downwards movement was expected from the main Elliott wave count. Summary: A new low below 1,223.77 would provide strong confirmation for the main wave count as both alternates would then be invalidated. A new high above 1,262.47 would confirm the alternate hourly...
by Lara | Mar 30, 2016 | Gold |
Price made a slight new high and then turned lower. Upwards movement was expected. Summary: Two wave counts today both expect more upwards movement. In the short term, a third wave up may be beginning. It is reasonably likely that price will reach to 1,275.24. The...
