by Lara | Aug 5, 2014 | Gold |
Upwards movement was expected for Gold but has not happened. The correction continued lower, and sideways movement completed a small green doji. The main and alternate Elliott wave counts remain mostly the same. Summary: I expect overall upwards movement here for a...
by Lara | Aug 5, 2014 | Silver |
Last Elliott wave analysis expected more downwards movement from Silver. Price has moved lower as expected. Click on charts to enlarge. Main Wave Count. Downwards movement subdivides so far as an incomplete double zigzag. This cannot be an impulse if the movement...
by Lara | Jul 31, 2014 | Gold |
Movement below 1,291.83 confirmed the alternate wave count and invalidated the main Elliott wave count. By a simple process of elimination I now have just one wave count for you today. Summary: The target for this downwards movement to end is 1,275 to 1,271. It should...
by Lara | Jul 27, 2014 | Silver |
Last Elliott wave analysis expected at least some more downwards movement from Silver for both the main and alternate wave counts. Price has moved lower as expected and now the wave counts diverge. Click on charts to enlarge. Downwards movement subdivides so far as an...
by Lara | Jul 26, 2014 | Gold
Upwards movement was expected for Friday. Although the target is close by and the structure is incomplete, I am changing the wave count. Summary: Monday should see more upwards movement to a target at 1,340. Movement above 1,324.73 will confirm the main wave count and...
by Lara | Jul 24, 2014 | Gold
Movement below 1,292.25 has clarified the situation for the short term. The main hourly Elliott wave count was judged to have about a 60% probability, but was invalidated. The less likely hourly alternate is now the main count, and I still have an alternate daily...
by Lara | Jul 23, 2014 | Gold |
Again, more sideways movement is not enough to provide us with clarity. The main Elliott wave count still has about a 60% probability. Summary: Upwards movement towards 1,350 is most likely. This would be confirmed with a break above 1,324.73. A break below 1,292.25...
by Lara | Jul 22, 2014 | Gold |
More sideways movement has still not clarified the situation. The Elliott wave counts at the hourly chart level are adjusted. The triangle idea was invalidated, but a close relative, the ending diagonal, may be unfolding. Summary: Upwards movement is more likely, I...
by Lara | Jul 19, 2014 | Gold |
Downwards movement fits the main Elliott wave count, but is not enough to provide clarity. I still have two daily wave counts. Summary: For Monday I expect to see a third wave begin. I expect it will most likely be upwards, and I would have more confidence in this...
