by Lara | Sep 25, 2015 | Gold |
Last analysis expected a red candlestick for Friday, which is what happened. Both bull and bear Elliott wave counts remain valid. Summary: The bear wave count now expects a third wave down is developing. The bull wave count expects a B wave down. A new low below...
by Lara | Sep 17, 2015 | Gold |
Both Elliott wave counts remain valid today. Summary: Upwards movement favours the bull Elliott wave count, but it is not enough to invalidate the bear Elliott wave count. I am changing the bear wave count slightly to see this upwards movement as minuette wave (ii),...
by Lara | Jul 23, 2015 | Trading Tips
MotiveWave is an incredibly feature-rich platform that works with multiple brokers and data services. MotiveWave has the most advanced Elliott Wave Software and Elliott Wave Tools available. Elliott Wave Tools range from manual to semi-automatic to automatic Elliott...
by Lara | May 28, 2015 | Gold |
A little more downwards movement was still allowed for. The invalidation points are now extremely close by, but still not breached. Summary: Both bull and bear wave counts still expect upwards movement for a few days. The bull wave count has a minimum requirement at...
by Lara | May 6, 2015 | Gold |
A small inside day for Wednesday importantly shows higher volume. Volume consistently continues to support the bear Elliott wave count. Summary: The bull and bear wave counts diverge. The bull count expects a third or C wave up to 1,237. The bear count expects a third...
by Lara | Apr 27, 2015 | Gold |
Upwards movement was unexpected and invalidated both hourly Elliott wave counts. At the daily chart level they both remain valid. I have a new Elliott wave count today. Summary: The main bull and the bear wave counts both expect downwards movement. The new bullish...
by Lara | Mar 19, 2015 | Gold |
A little more upwards movement to the upper blue trend line was expected. Price has moved higher, but falls slightly short of this trend line. Summary: It is very likely that minute wave ii is over and minute wave iii is beginning downwards now. The target for minute...
by Lara | Jan 20, 2015 | Gold |
The main hourly wave count was invalidated with a new high, and at that stage the alternate wave count was confirmed. The target for upwards movement to end for the alternate was 1,297. That has now been met. Summary: Both the main and alternate daily wave counts...
by Lara | Jan 12, 2015 | Gold |
Some upwards movement was expected, but the target at 1,226 has been passed. The Elliott wave count remains the same, and I have a new alternate for you. Summary: In the short term upwards movement may end at 1,234. Thereafter, the main wave count expects a downwards...