by Lara | Jan 5, 2015 | Gold |
Upwards movement was expected. The target remains the same. Summary: I expect upwards movement for this week. In the short term look out for a quick sharp second wave correction, after which upwards momentum should increase. I expect a green candlestick for...
by Lara | Dec 6, 2014 | Gold |
The correction may have ended 4.46 below the expected low. The Elliott wave count remains the same. Summary: There are two possible scenarios for Monday: either a short sharp upwards thrust to 1,235 (which would be confirmed with a new high above 1,213.45), or one...
by Lara | Nov 20, 2014 | Gold |
A small green candlestick fits the Elliott wave count. Downwards movement is finding support about the lower edge of the green base channel on the hourly chart. Summary: Momentum may not show a strong increase for another day or so. The trend remains up, and the short...
by Lara | Nov 12, 2014 | Gold |
I had expected one more green candlestick for Wednesday’s session to end about 1,179 – 1,182. This is not what happened. Downwards movement has clarified the structure for minor wave 2 a little further. Summary: This correction is still not over most...
by Lara | Nov 4, 2014 | Gold |
A small green candlestick on the daily chart, and a slight increase in upwards momentum on the hourly chart, fits the main Elliott wave count well. Summary: It is still most likely that the minor degree trend is now upwards. The target for the next wave up is at 1,278...
by Lara | Oct 8, 2014 | Gold |
Last Elliott wave analysis expected a little downwards movement which is not what happened. Upwards movement continued, and a new high above 1,219.14 has invalidated the alternate wave count. I have just the one Elliott wave count for you today. Summary: Gold is...
by Lara | Sep 23, 2014 | Gold |
Upwards movement for Tuesday was expected. Movement above the channel on the hourly chart and above 1,228.67 provided confirmation of the Elliott wave count. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week...
by Lara | Aug 5, 2014 | Gold |
Upwards movement was expected for Gold but has not happened. The correction continued lower, and sideways movement completed a small green doji. The main and alternate Elliott wave counts remain mostly the same. Summary: I expect overall upwards movement here for a...
by Lara | Jul 16, 2014 | Gold
Downwards movement was expected for both Elliott wave counts. The main and alternate Elliott wave counts remain mostly the same and still expect downwards movement should continue. Summary: Downwards movement should continue to at least 1,280. If the lower black...
