by Lara | Dec 14, 2015 | Membership
Elliott Wave Gold will be closed for two weeks during the Christmas and New Year holiday. Holiday dates are from Monday 21st December to Friday 1st January. Last analysis of the year will be after market close of Friday 18th December. First analysis of the new year...
by Lara | Dec 12, 2015 | Gold |
The correction continues as expected. Summary: There is still more than one possible structure which may be unfolding for this correction, but what is clear is that the correction is still very unlikely to be over. It may now continue for three more days to total a...
by Lara | Nov 26, 2015 | Gold |
Slow sideways movement was expected. I have a new hourly Elliott wave count today which fits recent movement perfectly. Summary: A triangle is most likely completing for a B wave. When it is done price should move strongly higher for a short sharp C wave to end above...
by Lara | Nov 24, 2015 | Gold |
A correction was expected to most likely continue, which is what has happened. Summary: A new high above 1,088.22 would provide confidence that this correction is not over, which at this stage is very likely. The target remains at 1,101 – 1,103. A new low below...
by Lara | Nov 13, 2015 | Gold |
A small inside day leaves both Elliott wave counts valid. Summary: It is more likely that a second wave correction will unfold upwards from here to about 1,118 or 1,145 (less likely). This would be confirmed with a new high above 1,095.89. To see weekly charts click...
by Lara | Nov 5, 2015 | Gold |
More downwards movement was expected. Only one wave count is left now. Summary: Only the bear wave count is left. One by one all bull wave counts have been invalidated. Gold has been in a bear market since September 2011 and there is no technical confirmation of a...
by Lara | Oct 2, 2015 | Gold |
An upwards correction was expected as likely to have begun, and this was confirmed when the small channel on the hourly chart was breached. Two targets were provided: 1,128 or 1,139. Price reached up to 1,141. Summary: Next week both wave counts expect downwards...
by Lara | Sep 24, 2015 | Gold |
Upwards movement above 1,141.84 was unexpected. Both Elliott wave counts still remain valid. Summary: The bear wave count now expects a third wave down from here. The bull wave count now expects a B wave down. A new low below 1,098.85 would invalidate the bull and...
by Lara | Sep 16, 2015 | Gold |
Price still has not confirmed or invalidated either the bear wave count or the bull wave count. Summary: The bear wave count is close to even in probability with the bull wave count today. To the upside, a new high above 1,148.04 would see the bull wave count more...
