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...
by Lara | Apr 2, 2014 | Gold |
Price has turned upwards as expected at the time of last analysis. I have two hourly wave counts for you today. Both expect upwards movement but they have different requirements. Summary: A clear breach of the trend channel on the main hourly chart provides me with...
by Lara | Feb 4, 2014 | Gold |
Price has moved sideways in a small range for Tuesday’s session, which fits the alternate hourly wave count perfectly and will now be my main wave count which I strongly favour. Summary: Minute wave b is very likely to be over as a triangle. The upwards breakout...
by Lara | Jan 20, 2014 | Gold |
Last analysis expected a little more upwards movement towards a short term target at 1,263. Price has reached up to 1,263.06. Thereafter, at about this target a short term trend change was expected for a few days of overall downwards movement. Click on the charts...
by Lara | Dec 14, 2013 | Gold |
Both the first and second hourly wave counts expected more downwards movement to a target at 1,208 before price turned upwards. We did see some downwards movement before price turned upwards, but it ended at 1,220.65, which is $12.65 short of the target. Both wave...
