by Lara | Apr 3, 2016 | Gold |
I have a new alternate Elliott wave count for you. Summary: If price makes a new low below 1,208.33 on Monday and remains below 1,235.16, then expect overall more downwards movement for another few days most likely to end about 1,131. This alternate is possible but...
by Lara | Mar 29, 2016 | Gold |
Upwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: Two wave counts today both expect more upwards movement. It is reasonably likely that price will reach to 1,275.24. Upwards movement is most likely a B or X wave within a larger...
by Lara | Dec 15, 2015 | Gold |
Sideways movement to complete a small green doji fits the expectation of a continuing correction. Summary: This correction may still be unfolding as either a single or double flat. The structure is incomplete. It may end in one more day, if it totals a Fibonacci...
by Lara | Oct 14, 2015 | Gold |
After a new high above 1,170.19 was made only two wave counts remained valid and both expected more upwards movement, which is what happened. The new high strongly favours the bull Elliott wave count. Summary: The target for upwards movement to be interrupted is...
by Lara | Oct 5, 2015 | Gold |
A slight new high on light volume changes both Elliott wave counts. The bull and bear Elliott wave counts now diverge. Summary: The bear wave count expects downwards movement and would be confirmed with a new low below 1,098.85; the target is 1,058. The bull wave...
by Lara | Sep 18, 2015 | Gold |
Short term the bear wave count expected upwards movement to 1,143. Price has moved higher to 1,141.83. Summary: Both wave counts expect downwards movement from here: the bear for the middle of a big third wave and the bull for a fourth wave correction which should...
by Lara | Jun 8, 2015 | Gold |
A small inside day fits both Elliott wave counts at the hourly chart level. The Elliott wave counts remain the same. Summary: Structure indicates it is still more likely we shall see a little more downwards movement before this wave is over; the target is now...
by Lara | May 21, 2015 | Gold |
The main bull Elliott wave count expected sideways movement. A small red candlestick fits this Elliott wave count. Summary: The very short term expects at least a little upwards movement from here to 1,212.96 or above. At any stage, a new low now below 1,200.03 would...
by Lara | May 12, 2015 | Gold |
Downwards movement was unexpected, although some upwards movement was allowed for in the bear Elliott wave count. Summary: I have three wave counts for you today. The very short term expects a fifth wave up. Thereafter, the wave counts diverge. The bear wave count...
