by Lara | Jun 8, 2015 | Gold |
A small inside day fits both Elliott wave counts at the hourly chart level. The Elliott wave counts remain the same. Summary: Structure indicates it is still more likely we shall see a little more downwards movement before this wave is over; the target is now...
by Lara | Jun 5, 2015 | Gold |
Downwards movement was expected. The first target at 1,165 was met and exceeded by 2.2. Summary: It is more likely this downwards wave is incomplete. Confirmation would come with a new low below 1,162.80, with the target at 1,157. Alternatively, it is possible this...
by Lara | May 21, 2015 | Gold |
The main bull Elliott wave count expected sideways movement. A small red candlestick fits this Elliott wave count. Summary: The very short term expects at least a little upwards movement from here to 1,212.96 or above. At any stage, a new low now below 1,200.03 would...
by Lara | May 20, 2015 | Gold |
Although a small green candlestick is completing for Wednesday’s session, choppy sideways movement was not what was expected from the Elliott wave count. I had expected upwards movement. Summary: The main bull wave count now requires sideways movement to...
by Lara | May 12, 2015 | Gold |
Downwards movement was unexpected, although some upwards movement was allowed for in the bear Elliott wave count. Summary: I have three wave counts for you today. The very short term expects a fifth wave up. Thereafter, the wave counts diverge. The bear wave count...
by Lara | May 11, 2015 | Gold |
Both bull and bear Elliott wave counts remain valid. Price has not yet told us which one is correct. I am concerned that volume is lower for Monday’s down day. Summary: In the short term, both wave counts expect downwards movement from here. The short term...
by Lara | May 9, 2015 | Gold, Gold Historical |
This Elliott wave count expects Gold is within a grand super cycle correction. Historic Analysis. Data used for the chart above is averages for the year. It does not include high / low. Note the chart scale is a logarithmic scale. Data on this chart is only from 1833...
by Lara | May 1, 2015 | Gold |
Downwards movement has increase the probability of the alternate bear Elliott wave count. I still have two Elliott wave counts, one bull and one bear. Summary: Both wave counts expect a little more downwards movement to most likely complete a five down (I have an...
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...
