by Lara | Aug 9, 2014 | Gold |
Last Elliott wave analysis expected some downwards movement before more upwards movement, but this is not what happened. Price moved higher before turning lower to complete a red doji candlestick for Friday’s session. This changes the wave count slightly, but...
by Lara | Aug 7, 2014 | Gold
Upwards movement continued as expected. The Elliott wave count remains the same. Summary: A small second wave correction may be about to begin, interrupting this upwards movement. It may reach down to about 1,294.73 and it may show on the daily chart as one or two red...
by Lara | Aug 6, 2014 | Gold |
The main Elliott wave count expected upwards movement in the short term to show an increase in momentum. The short term target was at 1,310. Price moved strongly higher as expected, so far up to 1,309.74. Summary: Today I have just one wave count for you. Upwards...
by Lara | Aug 4, 2014 | Gold
Some downwards movement was expected in the short term to about 1,286.81. So far price has reached down to 1,286.20. I have a new alternate Elliott wave count for you today. Summary: I expect overall upwards movement here for a minor degree wave to just above...
by Lara | Aug 2, 2014 | Gold |
Downwards movement was expected to continue to 1,275 to 1,271, but only a slight new low to 1,280.35 was seen before price turned up. A breach of the short term invalidation point on the hourly Elliott wave chart indicates the next wave has begun. Summary: I expect...
by Lara | Jul 30, 2014 | Gold |
The downwards target for this correction to end was almost met, with downwards movement just 0.83 short of the target. Thereafter, price has turned up a little. I have a new and better alternate Elliott wave count for you today. Summary: The main wave count has a...
by Lara | Jul 29, 2014 | Gold |
Upwards movement was expected. A new high was made, but thereafter price has moved lower to complete a red candlestick for Tuesday’s session. Summary: Downwards movement should be a second wave correction. When it is complete the upwards trend should resume with...
by Lara | Jul 28, 2014 | Gold |
Upwards movement was expected for Monday. A new high was made and thereafter price has moved sideways. The Elliott wave structure is incomplete. I am changing the alternate wave count today. Both wave counts expect the same direction next. Summary: I am confident that...
by Lara | Jul 21, 2014 | Gold
Sideways movement has not clarified the situation. The Elliott wave counts remain the same. Summary: The situation is unclear. A break above 1,324.73 would indicate a third wave up may be unfolding. A break below 1,304.60 would indicate more downwards movement, which...
