by Lara | Jul 1, 2014 | Gold |
The first five wave structure upwards is now complete. The structure and behaviour which follows it gives us information as to whether this upwards trend should continue towards the target, or if it could be over there. Summary: The most likely target for minor wave C...
by Lara | Jun 17, 2014 | Gold |
Yesterday’s Elliott wave analysis expected downwards movement for gold towards a target at 1,268.07. Price has moved lower as expected, but the correction is deeper than anticipated. Summary: The correction is incomplete. It may take price lower again with...
by Lara | Apr 21, 2014 | Gold |
I had expected to see a little downwards movement to begin the week, to reach slightly below 1,282.60 but not below 1,277.79. So far price has reached down to 1,282.04 and turned up slightly. Summary: I expect overall upwards movement from here to either 1,336 or...
by Lara | Mar 20, 2014 | Gold |
Downwards movement again has continued as expected. We now have a clear breach of the pink channel on the daily chart providing final confirmation of a trend change at minor degree. Summary: I have full confidence in a trend change. I expect overall downwards movement...
by Lara | Mar 5, 2014 | Gold |
Price has moved very slightly higher in a mostly sideways day. Both wave counts remain valid and both remain the same. Summary: The situation is unclear. While price remains within the green channel on the daily chart we should assume that the trend remains the same,...
by Lara | Feb 19, 2014 | Gold
Yesterday I expected to see downwards movement. Price has moved mostly sideways and a red candlestick has been produced on the daily chart which fits the wave count perfectly. This analysis is published about 02:45 p.m. EST. The wave count remains the same. Summary: I...
by Lara | Feb 5, 2014 | Gold
Upwards movement was expected from the main hourly wave count which was strongly favoured. The downwards correction which followed it is finding support about the lower edge of the trend channel. Summary: I expect a little more downwards movement to complete a second...
