by Lara | Sep 22, 2016 | Gold |
Upwards movement was again expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback...
by Lara | Aug 30, 2016 | Gold, Public Analysis |
The main Elliott wave count has been confirmed with a new low below 1,310.84. Summary: Some more downwards movement this week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. A new high now above 1,330.01 would confirm downwards...
by Lara | Jun 27, 2016 | Gold |
Sideways movement fits the expectations overall for the main hourly Elliott wave count in last analysis. The picture today is a little clearer for the short term. Summary: Minor wave 3 has very likely begun. In the short term, it looks very likely that price will move...
by Lara | May 11, 2016 | Gold |
Upwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: It is likely that a third wave upwards is in the very early stages. The target remains at 1,477. Risk remains at 1,237.97. The wave count is supported by volume...
by Lara | Apr 18, 2016 | Gold |
A little more upwards movement was expected to end about 1,248. Price reached up to only 1,241.55 before turning down. Summary: A new low now below 1,223.78 would provide confidence that downwards movement should continue. A new low below 1,209.08 would confirm the...
by Lara | Mar 28, 2016 | Gold |
The alternate Elliott wave count was invalidated. There is only one Elliott wave count. The situation is clearer. Summary: This correction may end in a few more hours about 1,224 – 1,226, or it may continue sideways for another two to three days. Price is...
by Lara | Mar 4, 2016 | Gold |
If price kept rising, two targets were given for Friday: 1,280 and 1,350. The first target was almost met. The high for Friday was 1,279.45. Summary: Minor wave 3 is very likely to be over at Friday’s high. Another correction should now begin for minor wave 4....
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...
