by Lara | Dec 15, 2014 | Gold |
Downwards movement breached the invalidation point on the hourly Elliott wave chart, and has now breached the aqua blue trend line on the daily Elliott wave chart slightly. Neither of these situations was what was expected. Summary: This second wave correction is...
by Lara | Sep 30, 2014 | Gold |
Summary: This correction is still incomplete. An adjustment to the hourly charts for recent movement sees all three possibilities of a flat, triangle and combination still open. I expect Gold to continue to be range bound until Thursday. The breakout when it comes...
by Lara | Sep 3, 2014 | Gold |
Analysis is a little earlier than usual today. Price remains below the black (B)-(D) trend line on the daily chart. I expect Wednesday’s session will close below this line providing full confirmation of this wave count. Summary: Despite a green candlestick for...
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 | Jun 30, 2014 | Gold, Gold Historical |
Sideways movement continued, although for less than one day. The breakout was expected to be upwards. The alternate hourly wave count target for sideways movement to end was at 1,311.44 which was met and exceeded by just 1.01. Summary: Minor wave B is complete as a...
by Lara | Jun 16, 2014 | Gold
For the last Elliott wave technical analysis upwards movement for Gold was expected, but fell short of the target at 1,291 by 6.01. Summary: A fourth wave correction should continue for another session. The target for it to end is at 1,268.07. Thereafter, the upwards...
by Lara | May 31, 2014 | Gold |
Again I had expected to see a doji or green candlestick for Friday’s session. This is not what happened. I now expect the second wave correction is over, without showing up on the daily chart clearly. Summary: The short term target for Monday / Tuesday is 1,204....
by Lara | May 7, 2014 | Gold
Price has moved lower as expected, but not convincingly. I still want to see price breach 1,273.43 to have confidence the downwards trend has resumed. Summary: It is most likely the downwards trend has resumed, but this is unconfirmed. Downwards movement should reach...
by Lara | Mar 19, 2014 | Gold
Downwards movement was expected for both the main and alternate wave counts. I had expected a little more upwards movement to 1,366 first, but this target was not reached. Summary: The main wave count has increased in probability. If the next candlestick remains below...
