by Lara | May 25, 2015 | Gold |
The main bull and bear Elliott wave counts expected a little downwards movement. Price has drifted sideways in a narrow range. Summary: A small B wave is most likely continuing sideways as a double combination. The target for it to end is 1,215. Thereafter, both main...
by Lara | Mar 20, 2015 | Gold |
Upwards movement was unexpected. The second wave correction is continuing higher. Summary: The target for upwards movement to end is at 1,191 – 1,193. The next daily candlestick must return price below the upper edge of the blue base channel. If a full daily...
by Lara | Feb 17, 2015 | Gold |
I had expected a downwards day for Tuesday which is what has happened. The depth of this downwards movement may be surprising, but it fits the wave count nicely. Summary: It is most likely the correction is incomplete. I expect upwards movement to 1,243 to complete a...
by Lara | Jan 28, 2015 | Gold |
I had expected a breakout within the last 24 hours, but price continues sideways in an ever narrowing range. We still need a breakout to tell us which Elliott wave count is correct. Summary: A new high above 1,308.10 would confirm the main wave count and invalidate...
