by Lara | Jul 27, 2015 | Gold |
Price began the session with some upwards movement, which the last Elliott wave analysis expected, but price then moved lower to complete a red candlestick. Summary: A new high above 1,105.18 would indicate more upwards movement to a target at 1,121. A new low below...
by Lara | Jul 16, 2015 | Gold |
Downwards movement was expected, again, and this has occurred. Supported again by technical analysis indicators, the Elliott wave count remains the same. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards...
by Lara | Jul 7, 2015 | Gold |
Yesterday’s main Elliott wave count expected a third wave down. Downwards movement is showing an increase in momentum, exactly as the main Elliott wave count expected. Summary: The case for a bearish breakout is strengthened; downwards movement should continue....
by Lara | Jun 26, 2015 | Gold |
A small green candlestick fits both hourly Elliott wave counts perfectly. Summary: This correction is not done yet. Monday should see some upwards movement to at least a little above 1,178.78. Targets are either 1,181 or 1,186 – 1,188. When there is a complete...
by Lara | Jun 17, 2015 | Gold |
Upwards movement was not expected. Price has so far reached to just below a short term invalidation point. Summary: The bear wave count still requires more downwards movement to a minimum at 1,165.76. The bull count requires upwards movement to a minimum 1,195.71....
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 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...
by Lara | Feb 28, 2015 | Gold |
Upwards movement was expected, with Friday’s session completing a green candlestick which fits the Elliott wave count. I have a new main and alternate Elliott wave count for you to end the week, and I am more satisfied that the subdivisions and ratios are a...
by Lara | Jan 13, 2015 | Gold |
The alternate Elliott hourly wave count from yesterday’s update was confirmed with a new high above 1,241.61. Summary: The trend is up. I expect it to end above 1,262.94. Use the trend channel on the hourly chart to indicate when a larger correction has arrived,...