by Lara | May 1, 2015 | Gold |
Downwards movement has increase the probability of the alternate bear Elliott wave count. I still have two Elliott wave counts, one bull and one bear. Summary: Both wave counts expect a little more downwards movement to most likely complete a five down (I have an...
by Lara | Apr 24, 2015 | Gold |
A new low below 1,184.04 has invalidated two Elliott wave counts, leaving now only two valid Elliott wave counts. Summary: Gold is breaking out to the downside. Only wave counts 2 and 4 remain, which I will now label bull and bear respectively. A short term target for...
by Lara | Apr 22, 2015 | Gold |
Downwards movement was expected for wave counts 1, 3 and 4. With price still just above 1,184.04, all Elliott wave counts remain valid and all will be again presented. Summary: Gold remains in a sideways consolidation phase which began on March 27th. Since price...
by Lara | Apr 21, 2015 | Gold |
More sideways movement with a small inside day fits all four Elliott wave counts at this stage. Summary: Gold remains in a sideways consolidation phase which began on March 27th. Since price entered the consolidation phase the strongest volume is on down days,...
by Lara | Apr 17, 2015 | Gold |
All four Elliott wave counts remain valid. The most recent movement has a better fit in terms of structure for Elliott wave counts 2 and 4. Members should use their own preferred technical analysis tools to judge for themselves which wave count they can use as a road...
by Lara | Apr 15, 2015 | Gold, Gold Historical |
Downwards movement for Wednesday was expected, but this is not what happened. While upwards movement remains below the invalidation point it makes the situation unclear. I will present four Elliott wave counts, 2 bull and 2 bear. Members should use their own preferred...
by Lara | Apr 13, 2015 | Gold |
The short term target at 1,215 was not met. Price has moved lower, and a second wave correction was expected to find support at the lower edge of the blue channel. Summary: The main and alternate daily wave counts strongly diverge. The main wave count is more likely...
by Lara | Apr 10, 2015 | Gold |
The main Elliott wave count expected downwards movement. This is not what happened. The small channel was breached on the alternate hourly Elliott wave count, which was the first indicator it was more likely. Summary: The main hourly wave count is discarded in favour...
by Lara | Apr 8, 2015 | Gold |
Downwards movement was expected as 60% likely, which is what happened. Summary: I expect Gold has just completed a small correction two hours ago. It is extremely likely that the next few days will see strong upwards movement with an increase in momentum and high...
