by Lara | Nov 7, 2014 | Gold |
Although the short term expectation of upwards movement first was not played out, overall a new low followed by upwards movement fits the Elliott wave count nicely. Summary: Minor wave 2 may be close to completion and could end in just one more day at about 1,185....
by Lara | Nov 6, 2014 | Gold |
A green candlestick was expected for Thursday which is exactly what we have. The Elliott wave count remains the same. Now there is more structure to analysis within this current wave I can give you a clearer picture of what to expect next. Summary: I expect a...
by Lara | Oct 6, 2014 | Gold
Downwards movement continued for a little, which as expected, and was followed by a deep upwards movement which was also expected for minute wave ii (as labeled in last Elliott wave analysis). I have two wave counts for you today. Summary: Intermediate wave (1) may be...
by Lara | Sep 25, 2014 | Gold |
Downwards movement was expected for both the main and alternate hourly Elliott wave counts. Summary: Gold is may be about halfway through this consolidation phase. I expect upwards movement from here to at least just above 1,236.69. This correction may end at 1,251...
by Lara | Sep 17, 2014 | Gold |
Downwards movement continues as expected. The target has been passed. The Elliott wave count remains the same. Summary: The structure is incomplete. I expect more downwards movement. The new target for it to end is 1,210 to 1,206 and may be met in 24 to 36 hours....
by Lara | Jul 24, 2014 | Gold
Movement below 1,292.25 has clarified the situation for the short term. The main hourly Elliott wave count was judged to have about a 60% probability, but was invalidated. The less likely hourly alternate is now the main count, and I still have an alternate daily...
by Lara | Jul 7, 2014 | Gold
Sideways movement was not expected as most likely. The alternate wave count has increased in probability. Summary: I expect that Gold is within a B wave. I expect to see choppy overlapping movement for a few more days before it is done. It may end about 1,297.25....
by Lara | Jun 25, 2014 | Gold |
The main Elliott wave count from yesterday expected the start of downwards movement. A breach of 1,314.19 confirmed the main wave count and invalidated the alternate. Summary: It is very likely today that a B wave downwards has begun. It should last about three weeks...
by Lara | Jun 21, 2014 | Gold |
Yesterday’s technical analysis of Gold expected a little more upwards movement, with a fourth wave correction along the way. Price moved slightly lower and sideways. The Elliott wave structure is incomplete and the wave count remains the same. Summary: Minor...
