by Lara | Jul 16, 2018 | Gold |
A small inside day fits the idea of a multi day consolidation unfolding. Summary: While price remains within the best fit channel, which is drawn on all hourly charts, then allow for the possibility that the new alternate hourly wave count could be correct. It is...
by Lara | Jun 4, 2018 | Gold |
A slightly lower low and a small range day mostly fits short term expectations. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and a cluster of long lower candlestick wicks, suggest a low may be in place here or very soon....
by Lara | May 4, 2018 | Gold |
Although it is slow, upwards movement continues as expected. The channel on the hourly chart should be useful early next week in providing confidence in the Elliott wave count. Summary: It still looks like a low is in place. Price closed within support and Stochastics...
by Lara | Mar 21, 2018 | Gold |
Yesterday’s analysis stated to look for a turn and a bounce while price remained above support. Price remained above support at 1,305 and a turn and a bounce transpired. Summary: The target for this upwards swing is now at 1,367. In the short term, look out for...
by Lara | Mar 2, 2018 | Gold |
Last analysis expected a trend change and upwards movement for Gold. This is exactly what has happened. Summary: Expect now an upwards swing for a few days. The target is at 1,391, but this may be a little too high. New updates to this analysis are in bold. Grand...
by Lara | Feb 22, 2018 | Gold |
A strong breach of the channel on the hourly chart has indicated a low is probably in for Gold, at least for the short term. Upwards movement then has continued as expected after the breach. Summary: Look for price to continue now in an upwards swing to end above...
by Lara | Dec 20, 2017 | Gold |
More upwards movement was expected towards a target at 1,268 to 1,270. Price has reached up to 1,266.70, just 1.30 short of the target zone so far. Summary: Upwards movement is either over here or may continue a little higher. If it does continue a little higher, then...
by Lara | Oct 23, 2017 | Gold |
With an invalidation of the main hourly Elliott wave count below 1,276.10, the alternate hourly Elliott wave count now has confidence. Summary: A consolidation for a B wave should complete this week. Short term upwards movement should reach a minimum of 1,302.74....
by Lara | Aug 1, 2017 | Gold |
Upwards movement continues as expected. A downwards whipsaw breached the invalidation point on the hourly chart, which was too close. Summary: The target is 1,277. Use the blue Elliott channel on the daily and hourly charts to indicate when price has turned. Expect...
