by Lara | Aug 28, 2016 | Gold |
Both Elliott wave counts from last analysis remain valid. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too high. New updates to this analysis are in bold. Last weekly charts, and a more...
by Lara | Jun 23, 2016 | Gold |
Price moved lower towards the target. Summary: Minor wave 2 could be over, but it is still more likely that it will continue for a three or (more likely) another eight sessions. The target remains at 1,244. In the short term, some upwards movement for one to three...
by Lara | Jan 4, 2016 | Gold |
Gold remains range bound. I have two Elliott wave counts for the hourly chart today which look at this correction in two different ways. Summary: The correction is most likely to end sooner rather than later. It may end in just one more day with a final push up to a...
by Lara | Dec 4, 2015 | Gold |
The target at 1,082 – 1,084 was met and exceeded by 4.94. Summary: The structure of this C wave upwards is incomplete. A target for it to end on Monday or Tuesday is at 1,104. At the hourly chart level, the invalidation point can be moved up to 1,065.54. New...
by Lara | Oct 29, 2015 | Gold |
In the short term, a little upwards movement was expected to 1,164 or 1,171 (with the higher target at 1,171 favoured). Thereafter, more downwards movement was expected. Upwards movement ended at 1,162.79 and was followed by downwards movement. Summary: All wave...
by Lara | Oct 20, 2015 | Gold |
Upwards movement was expected. Price moved slightly lower first to invalidate the main hourly Elliott wave count and confirm the alternate, and then price moved higher to complete a green candlestick. Summary: Upwards movement should continue to the target which is...
by Lara | Sep 1, 2015 | Gold |
Today’s Elliott wave analysis will answer the question of whether or not the correction is over, and also what to look out for with regards to confirmation. Summary: The downwards trend should resume, which would be confirmed with a clear breach of the best fit...
by Lara | Aug 21, 2015 | Gold |
Upwards movement to a short term target for Friday was expected. The target at 1,164 – 1,168 was met and slightly exceeded by 0.41. I have a new wave count. Volume analysis favours it, and some problems with the prior Elliott wave count are resolved. Summary:...
by Lara | Aug 12, 2015 | Gold |
The main wave count was invalidated with a new high above 1,119.56. The alternate was confirmed, which expected more upwards movement. Summary: The structure is still incomplete. The structure is still seen as a fourth wave correction, and expected to end about 1,131...
