by Lara | Feb 1, 2016 | Gold |
Upwards movement confirmed the alternate bear hourly Elliott wave count. Summary: The wave counts still diverge. In the short term, expect price to continue higher slowly to the cyan trend line on the daily charts and the target at 1,135. Price should find strong...
by Lara | Jan 21, 2016 | Gold |
A correction was expected. A likely place for it to end was at 1,093. Price moved lower to reach 1,092.4 and turned up from there. Summary: Upwards movement should now increase in momentum. A new high above 1,112.19 is expected. The target for the bear wave count...
by Lara | Jan 20, 2016 | Gold |
Upwards movement was expected from both Elliott wave counts. Summary: Both wave counts expect more upwards movement this week to make a new high above 1,112.19. The main bear wave count requires upwards movement to a minimum at 1,125.13. The target for the alternate...
by Lara | Jan 14, 2016 | Gold |
The main Elliott wave count expected overall downwards movement to end within a range of 1,076.7 – 1,068.64. Price is now within that range. Summary: Both wave counts expect this downwards move to end soon and be followed by a upwards movement to new highs. The...