by Lara | Jun 24, 2014 | Gold
Yesterday’s Elliott wave analysis expected a small triangle to end and be followed by a sharp upwards thrust. This is what happened, but the target at 1,330 has not yet been met. Summary: It is most likely upwards movement is over for the next two or three...
by Lara | Jun 23, 2014 | Gold |
Upwards movement was expected for Monday. Price is moving sideways in a narrow range completing a fourth wave triangle. I am adjusting the Elliott wave count to better fit with momentum, but it makes no difference to the target or direction expected. Summary: Minor...
by Lara | Jun 21, 2014 | GDX |
To see a monthly chart see one analysis prior. Click charts to enlarge. Within this triangle structure for intermediate wave (4) minor wave C may now be complete. Within minor wave C minute wave c is $8 short of equality in length with minute wave a. Minute wave c...
by Lara | Jun 21, 2014 | Gold |
Yesterday’s technical analysis of Gold expected a little more upwards movement, with a fourth wave correction along the way. Price moved slightly lower and sideways. The Elliott wave structure is incomplete and the wave count remains the same. Summary: Minor...
by Lara | Jun 20, 2014 | US Oil, US Oil Historical |
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 105.21 invalidated the daily wave count. Summary: An important trend line has been touched. I expect downwards movement from this point. The long...
by Lara | Jun 19, 2014 | Gold |
Last Elliott wave analysis of Gold expected one more downwards wave of about $27 in length before the upwards trend resumed. This is not what happened. Movement above 1,284.99 invalidated the hourly wave count. Summary: Minor wave A may be close to completion. Upwards...
by Lara | Jun 19, 2014 | Gold |
Yesterday’s analysis expected more downwards movement to complete a correction, and I had expected it to end within 24 hours. This is not what happened. The correction is continuing and is longer in duration than expected. Summary: The correction is incomplete....
by Lara | Jun 17, 2014 | Gold |
Yesterday’s Elliott wave analysis expected downwards movement for gold towards a target at 1,268.07. Price has moved lower as expected, but the correction is deeper than anticipated. Summary: The correction is incomplete. It may take price lower again with...
by Lara | Jun 16, 2014 | GDX
Downwards movement for GDX, like Gold, did not reach the minimum requirement for a flat correction. This changes the wave count for the short to mid term for GDX. I expect now that like Gold it is completing a fourth wave triangle. Click charts to enlarge. The...
