by Lara | Apr 20, 2015 | Gold |
I still have four Elliott wave counts for you, with altered hourly charts. The short term expected at least some downwards movement for all four wave counts, which is what happened, but only after a very slight new high was made. Summary: Gold remains in a sideways...
by Lara | Apr 16, 2015 | Gold |
All four Elliott wave counts remain valid. The most recent movement has a better fit in terms of structure for Elliott wave count 4. Members should use their own preferred technical analysis tools to judge for themselves which wave count they can use as a road map for...
by Lara | Apr 16, 2015 | Silver, Silver Historical |
In line with Gold analysis, I have a bull and a bear wave count for Silver. Price will tell us which one is correct, but before that happens structure and volume will indicate which is more likely. Click charts to enlarge. Bull Wave Count If cycle wave a is over and...
by Lara | Apr 14, 2015 | Gold |
Downwards movement invalidated the hourly Elliott wave count and was unexpected. Summary: The situation is unclear for the bigger picture. For the short term, I have a bull and a bear wave count which both expect more downwards movement. The target for the bull wave...
by Lara | Apr 9, 2015 | Gold |
Yesterday’s Elliott wave analysis expected it was extremely likely price would move higher, although confirmation was required by a channel breach on the hourly chart and a new high above 1,206.49. We did not get confirmation of a trend change and price moved...
by Lara | Apr 7, 2015 | Gold |
Downwards movement was confirmed quickly with a channel breach of the hourly chart. Thereafter, a red candlestick was expected for Tuesday’s session. Summary: I judge it 60% likely that minute wave ii is only halfway through and may continue for another one or...
by Lara | Apr 6, 2015 | Gold |
The main hourly Elliott wave count expected upwards movement. It had two targets, 1,212 and 1,223, for a possible extended fifth wave. The second target was met and exceeded slightly when price reached 1,224.35. Summary: It looks like minute wave i is now over, but...
by Lara | Apr 2, 2015 | Gold |
The main Elliott wave count expected a fourth wave correction to unfold downwards / sideways. This is what happened, although it is more time consuming than expected. Summary: The main hourly wave count has a higher probability than the alternate hourly wave count....
by Lara | Mar 30, 2015 | Gold |
Downwards movement was again expected. Summary: Downwards movement should continue for Tuesday to complete another red candlestick. A short term target is at 1,177. Wednesday may see some upwards movement for a B wave within this correction which may produce a small...
