by Lara | Jul 10, 2014 | Gold |
Despite all four hourly wave counts from yesterday’s analysis being invalidated with movement above 1,324.86 I am still confident that the main wave count at the daily chart level is correct. I am still confident that minor wave B is incomplete. It is just the...
by Lara | Jul 9, 2014 | Gold |
Sideways movement was exactly what yesterday’s Elliott wave analysis expected to see. The structure is incomplete. I have three wave counts and they all expect the same direction next as there is no divergence at this stage. Summary: I expect one to one and a...
by Lara | Jul 7, 2014 | Gold
Sideways movement was not expected as most likely. The alternate wave count has increased in probability. Summary: I expect that Gold is within a B wave. I expect to see choppy overlapping movement for a few more days before it is done. It may end about 1,297.25....
by Lara | Jul 5, 2014 | Gold |
Sideways movement has not given us clarity. Both Elliott wave counts remain valid. Summary: It is most likely price will move lower towards 1,300. Thereafter, the depth of upwards movement may give us clarity. Click on charts to enlarge. Main Wave Count. Primary wave...
by Lara | Jul 2, 2014 | Silver, Silver Historical |
Upwards movement continues. The triangle for Silver, as it is for Gold and GDX, is incomplete. Click on charts to enlarge. The triangle for intermediate wave (B) is almost a complete barrier triangle. When I am confident that the triangle for intermediate wave (B) is...
by Lara | Jul 1, 2014 | Gold |
The first five wave structure upwards is now complete. The structure and behaviour which follows it gives us information as to whether this upwards trend should continue towards the target, or if it could be over there. Summary: The most likely target for minor wave C...
by Lara | Jun 27, 2014 | GDX |
Last Elliott wave analysis expected to see downwards movement for a D wave within the triangle. Price did move lower in choppy overlapping sideways movement, but wave D has not yet arrived. Click charts to enlarge. The clearest piece of movement is the downwards...
by Lara | Jun 26, 2014 | Gold
Movement below 1,315.48 invalidated yesterday’s alternate Elliott wave count and confirmed the main wave count. I have more confidence today that a B wave has begun. So far it looks like it may be very shallow and it may also be brief. I have two wave counts for...
by Lara | Jun 25, 2014 | Gold |
The main Elliott wave count from yesterday expected the start of downwards movement. A breach of 1,314.19 confirmed the main wave count and invalidated the alternate. Summary: It is very likely today that a B wave downwards has begun. It should last about three weeks...
