by Lara | Dec 21, 2016 | Gold |
A small inside day fits the preferred expectations for Gold, but all Elliott wave counts still remain valid. Targets remain the same. 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 12, 2016 | Gold |
In the short term, downwards movement was expected to a target at 1,156 – 1,154. Price moved lower to 1,152 before turning up to complete a green daily candlestick. Summary: Upwards movement is expected for about three days to 1,187, and that may complete a...
by Lara | Nov 5, 2016 | Gold |
Upwards movement was expected for Friday’s session. An inside day closed green. Summary: A very slight new high to 1,308 on Monday may complete an impulse up for a third wave. This may be followed by a few days of sideways movement for a fourth wave, which...
by Lara | Nov 1, 2016 | Gold |
The main Elliott wave count expected downwards movement and the alternate expected upwards movement. A new high above 1,283.63 has favoured what was yesterday’s alternate wave count. Summary: The probability that Gold is in a bullish trend has increased. If...
by Lara | Oct 29, 2016 | Gold |
Downwards movement was expected for Friday, but this is not what happened. Upwards movement breached the invalidation point on the main hourly Elliott wave count and was supported by volume. Summary: A new wave count expects a very slight new high on Monday to be...
by Lara | Sep 27, 2016 | Gold |
Upwards movement was expected for Tuesday’s session. This is not what happened. The hourly wave count was invalidated with a new low below 1,332.74. A multi day pullback has begun a day earlier than expected. Summary: This pullback may end in one more session...
by Lara | Sep 23, 2016 | Gold |
Upwards movement was expected for Friday. Price moved sideways to complete a small inside day and a green candlestick. Summary: The trend is still up. Monday may move mostly sideways; after a small consolidation is complete, then a new high is expected. Afterwards,...
by Lara | Sep 20, 2016 | Gold |
Upwards movement was again expected. Price has moved sideways to complete an inside day. Summary: The larger picture remains bullish. It is still more likely that Gold remains in a larger upwards trend and this downwards movement is a countertrend pullback. There is...
by Lara | Sep 14, 2016 | Gold |
Upwards movement was expected from yesterday’s Elliott wave count. Summary: Price should continue upwards as an upwards trend develops. Range and volatility are expected to increase. A short term target is now calculated at 1,446. The long term target remains at...
