by Lara | Mar 26, 2015 | Gold |
Upwards movement was expected, but the target at 1,204 was comfortably exceeded by 15.99. Summary: I expect a short term correction for the main wave count; minor wave 2 may have begun and the target is at 1,172. This trend change is unconfirmed though, so the channel...
by Lara | Mar 13, 2015 | Gold |
I expected another red candlestick for Friday’s session. So far there is a small green candlestick, which may end as a green doji or it may end red. The main hourly Elliott wave count was confirmed, and minuette wave (iv) is an almost complete triangle. Summary:...
by Lara | Feb 25, 2015 | Gold |
Downwards movement was expected, with a short term upwards correction to end just above 1,210.44 before the downwards trend resumes. Summary: The main wave count expects downwards momentum to begin to increase now, and the target remains at 1,124. A new low below...
by Lara | Feb 19, 2015 | Gold |
A new high above 1,211.78 confirmed the main hourly Elliott wave count and invalidated the alternate. Summary: I expect overall two more days of upwards movement to 1,243. When this fourth wave correction is done I expect to see a long strong fifth wave down. I am...
by Lara | Feb 9, 2015 | Gold |
A shallow fourth wave correction was expected, but I had expected it to be more brief than it is turning out to be. Summary: When this fourth wave correction is over a fifth wave down should unfold. The target for this next wave down is 1,224, but be aware sometimes...
by Lara | Feb 2, 2015 | Gold |
Upwards movement hit the first target zone of 1,281 – 1,287, but structure indicates the correction is not over there. Summary: In the short term I expect one more upwards zigzag to a target at 1,299. This may give one more green candlestick or doji to show this...
by Lara | Oct 13, 2014 | Gold
Upwards movement continues as expected. Momentum has not yet shown an increase, and both hourly Elliott wave counts are still valid. Summary: Upwards movement should continue in the short term to about 1,243 – 1,245. Thereafter, we may see a few days of...
by Lara | Oct 3, 2014 | Gold |
The correction is over and the breakout was downwards as expected. Summary: The target for minor wave 5 to end is at 1,154. If this target is wrong it may be too low. Update: It has occurred to me that often movements following the completion of a triangle are...
by Lara | Aug 28, 2014 | Gold
Upwards movement was expected. Both Elliott wave counts remain valid. The depth of this current downwards correction may provide some clarity. Summary: It is still most likely that an extending third wave is beginning, I expect more upwards movement with an increase...
