by Lara | Sep 16, 2017 | Gold |
Upwards movement was expected after last analysis. Friday completed a higher high and a higher low, but a deep pullback at the end of the session closed the candlestick red. Price remains above the invalidation point on the hourly chart. Summary: The target is now...
by Lara | Apr 19, 2017 | Gold |
Yesterday’s analysis expected the correction to continue sideways for another day. A small downwards day mostly fits the expectation and price remains well above the invalidation point on the hourly chart. Summary: The correction is still most likely incomplete....
by Lara | Apr 11, 2017 | Gold, Gold Historical |
A classic upwards breakout has unfolded as expected. In last analysis members were advised to enter a hedge or just enter long. With stops for long positions just below 1,240.24 or 1,221 (depending on trading strategy), members should now have profitable long...
by Lara | Mar 8, 2017 | Gold |
Price continued lower as the two preferred hourly wave counts expected. Summary: The bottom line for the short term is that while price remains within the channels on the hourly charts expect it to continue to fall. Each time price touches the upper edge of the...
by Lara | Mar 7, 2017 | Gold |
Two hourly Elliott wave counts were provided yesterday. The first hourly wave count is now looking more likely. Summary: The bottom line for the short term is that while price remains within the channels on the hourly charts expect it to continue to fall. Each time...
by Lara | Jun 24, 2016 | Gold |
Upwards movement was expected, but not as much as unfolded. Summary: Minor wave 3 may have begun. Short term expectations are for price to move lower early next week. This should offer a good opportunity to join the upwards trend at a good price. The initial...
by Lara | Dec 11, 2014 | Gold |
A new low below 1,221.34 invalidated the alternate hourly Elliott wave count and confirmed the main Elliott wave count. Summary: Gold should be entering a third wave, of a third wave, of a third wave up. Upwards momentum should increase strongly. The short term target...
by Lara | Nov 26, 2014 | Gold |
More sideways movement fits the new main Elliott wave count very well, with some adjustment. The larger Elliott wave structure remains the same, and the target changes by $2. Summary: When sideways movement is complete I expect a short sharp upwards thrust to about...
by Lara | Nov 18, 2014 | Gold |
Upwards movement has clarified the situation. Yesterday’s alternate is now the main Elliott wave count, and I have to discard the other Elliott wave count because it no longer fits on the hourly chart and is invalid. Summary: I expect upwards movement most...
