by Lara | Sep 16, 2014 | Gold |
Another green candlestick was allowed for in the wave count, and upwards movement remains just below the 0.382 Fibonacci ratio on the main hourly Elliott wave chart. Summary: The target for this last wave down to end is now 1,222 to 1,218. I favour the upper edge of...
by Lara | Sep 4, 2014 | Gold |
A throwback up to the (B)-(D) trend line was expected from yesterday’s Elliott wave analysis, which is exactly what happened. Price came extremely close to the trend line before sharply turning back downwards. Summary: The first target for downwards movement to...
by Lara | Jun 2, 2014 | Gold |
Downwards movement was expected. Because an upwards correction has breached the base channel on the hourly chart, and because downwards momentum has not increased, I have an alternate hourly wave count for you today. Summary: The short term target for this week is...
by Lara | May 21, 2014 | Gold |
More sluggish sideways movement to complete another small doji candlestick was not what was expected. I have a new alternate wave count for you today. Summary: By the end of this week I expect Gold to break below 1,273.43. The downwards trend should resume. This...
by Lara | Apr 3, 2014 | Gold
Downwards movement in a small range remains above the invalidation point. The hourly wave counts remain the same but now have a more even probability. Summary: We may either see the continuation of a new upwards trend for about two weeks, or we may see very choppy...
by Lara | Jan 21, 2014 | Gold |
Yesterday’s analysis expected downwards movement for Tuesday to complete a red candlestick. This is exactly what happened. I have two hourly wave counts for you today. Summary: Price should move higher over the next few hours, maybe to end between 1,247.04 to...
by Lara | Jan 2, 2014 | Gold |
Last analysis expected a little more upwards movement before a second wave correction arrived. This is exactly what happened. The wave count remains the same. I have two hourly charts for you today. Click on the charts below to enlarge. Gold is still within a large...
by Lara | Dec 16, 2013 | Gold
Both the main and alternate hourly wave counts expected more upwards movement for Monday. The target for the main wave count was 1,251. So far it has been exceeded by 1.32. Both wave counts remain the same and both remain valid. Click on the charts below to enlarge....
by Lara | Nov 30, 2013 | Gold |
Yesterday’s analysis had a main and alternate wave count which I judged to have an even probability. Upwards movement for Friday has taken Gold outside of the parallel channel on the daily chart. This is the first thing I was looking for to indicate which wave...
