by Lara | Jun 7, 2016 | Gold |
The Elliott wave counts are swapped over today. The long term target remains the same for the new main Elliott wave count. The short term target is changed. Summary: The main wave count expects an impulse to end with a final fifth wave up at 1,255. Thereafter, a...
by Lara | May 23, 2016 | Gold |
Sideways movement in a small range has not clarified the situation, but On Balance Volume today indicates which Elliott wave count is more likely. Summary: The wave counts are swapped over today. It looks more likely now that Gold will continue lower for several days,...
by Lara | Apr 28, 2016 | Gold |
Gold is still range bound. On Balance Volume is giving a clear and strong signal today of what direction price should be expected to break out of this range. Summary: Gold is still technically range bound but an upwards breakout may be imminent. On Balance Volume is...
by Lara | Apr 20, 2016 | Gold |
Downwards movement was expected from the main Elliott wave count. Summary: A new low below 1,223.77 would provide strong confirmation for the main wave count as both alternates would then be invalidated. A new high above 1,262.47 would confirm the alternate hourly...
by Lara | Mar 30, 2016 | Gold |
Price made a slight new high and then turned lower. Upwards movement was expected. Summary: Two wave counts today both expect more upwards movement. In the short term, a third wave up may be beginning. It is reasonably likely that price will reach to 1,275.24. The...
by Lara | Mar 7, 2016 | Gold |
Sideways movement was expected. Price has moved sideways for an inside day. Summary: A correction is still unfolding and should continue sideways. The correction may include a new high above 1,279.45. It is most likely a fourth wave at minor degree and may end in a...
by Lara | Feb 16, 2016 | Gold |
More downwards movement was expected to end within 1,200.76 to 1,181.41. The target was 1,184 within this zone. Price moved lower as expected to reach 1,192.68. Summary: A new high above 1,205.17 would provide a little confidence that the correction is over. A clear...
by Lara | Feb 13, 2016 | Gold, Gold Historical |
Downwards movement was expected for Friday’s session. Price moved overall lower in a small inside day. Summary: The trend is up. Corrections present opportunities to join the trend. Minute wave iv is most likely to continue for another two or four days. There is...
by Lara | Feb 11, 2016 | Gold |
Upwards movement was not expected for Thursday’s session. Summary: The trend is up. Another shallow brief fourth wave should continue for one or three days. It may end about 1,214 or 1,184. New updates to this analysis are in bold. Last published weekly charts...
