by Lara | Sep 23, 2016 | Gold |
Upwards movement was expected for Friday. Price moved sideways to complete a small inside day and a green candlestick. Summary: The trend is still up. Monday may move mostly sideways; after a small consolidation is complete, then a new high is expected. Afterwards,...
by Lara | Aug 31, 2016 | Gold, Public Analysis |
Downwards movement was expected from yesterday’s analysis. Summary: While price remains within the narrow pink channel, then assume the short term downwards trend remains intact. If the channel is breached and if price moves above 1,330.01, then assume the...
by Lara | Aug 8, 2016 | Gold, Public Analysis |
A little downwards movement was expected to begin for Monday before a trend change to upwards. Price has moved lower. Summary: The trend is up. The target remains at 1,582. Confidence in targets may be had with price movement above 1,349.25. There is still some...
by Lara | Jul 25, 2016 | Gold |
Upwards movement was expected. This is not what happened. Price moved lower but remains above the invalidation point on the hourly Elliott wave chart. Summary: The outlook is for a third wave up to 1,515 while price remains above 1,310.84. A new low below 1,310.84...
by Lara | Jun 28, 2016 | Gold |
Price moved lower as expected but did not reach the target. Summary: A correction may be over at today’s low, or it may continue yet for a few days. The mid term target is at 1,437 and the long term target is at 1,582. Look out for surprises to the upside....
by Lara | Jun 6, 2016 | Gold |
Sideways movement fits the second Elliott wave count better than the first, but both remain valid while price remains range bound. Summary: At this stage, I would judge the two wave counts to now have an even probability (although volume and On Balance Volume do...
by Lara | May 14, 2016 | Gold |
The main hourly Elliott wave count expected upwards movement which is overall how Friday unfolded. Summary: The trend at intermediate degree still is most likely up. Risk remains at 1,237.97. The target remains at 1,477. It is possible that price may move lower on...
by Lara | May 12, 2016 | Gold |
A little downwards movement was expected from yesterday’s hourly Elliott wave count to end about either 1,270.53 or 1,265.46. So far price has moved lower to 1,263. Summary: It is still likely that a third wave upwards is in the very early stages. The target...
by Lara | Apr 19, 2016 | Gold |
Downwards movement was expected from the main Elliott wave count. The main hourly count was invalidated above 1,241.55 and the alternate was confirmed. The alternate expected more upwards movement. Summary: A new low below 1,223.77 would provide strong confirmation...
