by Lara | Feb 20, 2017 | Gold |
A lower high and a lower low moved price lower for Monday’s session, which is overall what the main Elliott wave count expected. A public holiday in the USA for Presidents Day saw markets very quiet. Summary: The target for a deep pullback is at 1,148....
by Lara | Feb 9, 2017 | Gold |
A breach of the trend channel and a new low below 1,227.82 has invalidated the main wave count and confirmed an alternate. Summary: Probability has shifted back to a deep pullback beginning here. The target is at 1,149. Follow my two Golden Rules of risk management:...
by Lara | Dec 22, 2016 | Gold |
Another small inside day fits both Elliott wave counts, but price behaviour is pointing to one scenario more strongly than the other. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation. The target...
by Lara | Dec 19, 2016 | Gold |
A small upwards day fits all four Elliott wave counts. Price behaviour is now pointing to which wave count looks most likely. Summary: At this stage, it looks now like another new low may unfold before Gold either turns or begins a time consuming consolidation. The...
by Lara | Nov 2, 2016 | Gold |
Yesterday’s Elliott wave analysis expected upwards movement from Gold. Price has moved higher as expected. Summary: On Balance Volume today gives a bullish signal and upwards movement has support from volume. The main Elliott wave count expects a fourth wave...
by Lara | Sep 21, 2016 | Gold |
Upwards movement was expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback begins....
by Lara | Aug 9, 2016 | Gold, Gold Historical, Public Analysis |
Upwards movement was expected, although it was expected to be stronger than what transpired. 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 bearish indication from volume...
by Lara | Aug 5, 2016 | Gold |
A correction was expected to end about 1,347 – 1,346. A lower target was considered at 1,333. Price moved well below the preferred higher target. Summary: The trend is up. The target remains at 1,582. Monday may begin with a very little downwards movement before...
by Lara | Jul 26, 2016 | Gold |
Upwards movement was expected. A new high above 1,323.56 adds some confidence to the main Elliott wave count. Summary: The trend is up. A counter trend pullback looks most likely complete. Further confidence in this outlook would come with a new high above 1,333.66....
