by Lara | Mar 14, 2019 | Gold |
Downwards movement was expected for Gold, which is exactly what has happened today. The Elliott wave count remains the same and the target remains the same. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards...
by Lara | Feb 20, 2019 | Gold |
The target using the flag pole remains the same. Summary: The target using the flag pole is 1,375. However, this upwards movement is now overbought. This target may be too optimistic. New updates to this analysis are in bold. Grand SuperCycle analysis is here. Last...
by Lara | Jan 29, 2019 | Gold |
More upwards movement was expected to the next target at 1,313 – 1,314. The high for Tuesday’s session was at 1,311.81. Summary: The next target is almost met. It remains at 1,313 – 1,314. If price gets up to this target and keeps on rising, or if it...
by Lara | Jan 7, 2019 | Gold |
Members were warned to expect a sideways consolidation. An inside day exactly fits this expectation. Summary: A sideways consolidation is now expected for a fourth wave to last about 2 to 4 weeks. It may find support about 1,259 and resistance about 1,300. The final...
by Lara | Dec 4, 2018 | Gold
Upwards movement is continuing for the week exactly as the Elliott wave count expected. Summary: For the very short term, a small pullback may continue to about 1,232. Thereafter, the upwards trend may resume. The target remains the same at 1,295. The final target for...
by Lara | Nov 12, 2018 | Gold |
Downwards movement was expected to continue for the new week. So far this is what is happening. Summary: Look for next support about 1,183. Classic analysis still favours the Combination wave count. New updates to this analysis are in bold. Grand SuperCycle analysis...
by Lara | Oct 18, 2018 | Gold |
Sideways movement was expected to continue. Summary: Some sideways and slightly lower movement may continue for another one to few days; it may reach as low as 1,210, but should not move below 1,207.78. Thereafter, upwards movement may resume towards a short term...
by Lara | Aug 25, 2018 | Gold |
A strong upwards movement to end the week favours the Elliott wave triangle count. However, to increase the count’s probability, the confidence price point still needs to be passed. Summary: It is again possible for Gold that a low may be in place, but this...
by Lara | Aug 2, 2018 | Gold |
A new low invalidates the main daily Elliott wave count and confirms the alternate. A new target is calculated. Summary: Expect now more downwards movement to a target at 1,196 with a limit at 1,194.52. A classic analysis target is about 1,160. Always trade with stops...