by Lara | Jan 13, 2016 | Gold, Gold Historical |
Downwards movement has breached the invalidation point on the main Elliott wave count, but this was allowed for in the alternate. Overall, a correction against a trend was expected to be continuing. Summary: The main wave count is changed to see an ending diagonal...
by Lara | Jan 20, 2015 | Gold |
The main hourly wave count was invalidated with a new high, and at that stage the alternate wave count was confirmed. The target for upwards movement to end for the alternate was 1,297. That has now been met. Summary: Both the main and alternate daily wave counts...
by Lara | Dec 23, 2014 | Gold |
Sideways movement is completing a small red doji for Tuesday’s session. Downwards movement fell 8.83 short of the target. Summary: It is most likely a third wave up has just begun. First confirmation will come with a clear breach of the orange channel on the...
by Lara | Nov 19, 2014 | Gold |
A new low below 1,181.56 confirmed the alternate hourly Elliott wave count. At that stage downwards movement to 1,173 was expected. Price reached 2.18 short of this target before turning up. Summary: Over the next few days I would expect to see an increase in upwards...
by Lara | Sep 13, 2014 | Gold, Gold Historical |
Downwards movement continued as expected from last Elliott wave analysis. I have a new alternate wave count for you which differs at the weekly and daily chart level. Summary: Downwards movement is incomplete. The short term target is 1,221 where a fourth wave...
by Lara | Aug 20, 2014 | Gold |
Price has moved slightly lower, remaining above the invalidation point which is very close by. I have just the one hourly Elliott wave count for you today. The alternate Elliott wave counts still have a lower probability. Summary: The short/mid term target for upwards...
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 | May 19, 2014 | Gold
Price has again moved sideways to complete another doji candlestick. The wave count is mostly the same, but recent movement on the hourly chart is reanalysed. The target remain the same. Summary: A third wave down has still most likely begun. The target for it to end...
by Lara | Apr 18, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement to about 1,313 before some downwards movement to just below 1,282.60, but not below 1,277.79. Price moved sideways in a very small range. Summary: The structure of the downwards wave is still most likely...
