by Lara | Apr 30, 2015 | Gold |
Two Elliott wave counts expected downwards movement to 1,197 to 1,200. The alternate bear Elliott wave count expected the start of a strong third wave down. Price has moved strongly lower. All three Elliott wave counts remain valid. Summary: The wave counts now...
by Lara | Mar 16, 2015 | Gold |
The fourth wave ended not as a triangle, as expected, but as a double zigzag. Summary: The final fifth wave down is underway. The target is at 1,136 and this may be met in one to three more days. The invalidation point is at 1,164.20. If the invalidation point is...
by Lara | Mar 3, 2015 | Gold |
A new low below 1,204.53 has confirmed the alternate hourly Elliott wave count. This is now the only hourly Elliott wave count. Summary: The middle of intermediate wave (3) has most likely begun. A breach of the green channel on the hourly chart would add confidence...
by Lara | Jan 26, 2015 | Gold |
Last Elliott wave analysis stated the situation was unclear. It is still unclear, but we have more information today to assist a decision either way. Summary: Downwards movement with strong momentum favours the two alternates. Price is finding support at the upper...
by Lara | Jan 8, 2015 | Gold |
I had expected another green candlestick for Wednesday’s session which is not what happened. The Elliott wave count at the hourly chart level has changed again, but the picture at the daily chart level remains the same. I have confidence in the overall expected...
by Lara | Dec 3, 2014 | Gold |
Sideways movement was allowed for, and expected as about 50% likely. This slightly clarifies the situation for the short term. Summary: The trend at minor degree is up. At this stage I expect sideways choppy movement for another 24 hours before the next strong upwards...
by Lara | Nov 24, 2014 | Gold |
Upwards movement was expected, along with a strong increase in upwards momentum. This is not what happened. Price is moving sideways to complete a small red candlestick for Monday’s session. Summary: The main wave count expects an imminent increase in upwards...
by Lara | Nov 17, 2014 | Gold |
I have taken some time to try and see an alternate Elliott wave count which would expect more upwards movement. If price does keep moving strongly higher, as many members seem to expect it will do, this is the wave count I would prefer. It would be confirmed with a...
by Lara | Nov 14, 2014 | Gold |
The main hourly wave count was correct. Price did not move as low as the target at 1,137, but it did reach the minimum at 1,148.96. Thereafter, strong upwards movement was expected for the first two hourly wave counts, although the target at 1,179 – 1,183 was...