by Lara | Oct 15, 2014 | Gold
The target for a little downwards movement was 1,222. Price reached 1,221.95 and then turned, as expected from the preferred hourly Elliott wave count. Summary: Upwards movement is incomplete. At this stage I expect it is quite likely to end about 1,281, in about one...
by Lara | Oct 7, 2014 | Gold
Upwards movement was expected for the main Elliott wave count, which is judged to be about 55-60% likely. The alternate Elliott wave count remains valid, but has slightly reduced in probability today. Summary: Intermediate wave (2) has most likely begun and a new high...
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 15, 2014 | Gold
Again, downwards movement continued. With Monday’s session closing on a green candlestick, the wave count is slightly changed. Summary: The third wave is over and the following fourth wave correction has arrived. The target at 1,221 was not met so this fourth...
by Lara | Sep 2, 2014 | Gold, Gold Historical
Movement below 1,273.03 has invalidated the main Elliott wave count and confirmed the alternate. The situation is now clear. Elliott wave analysis will now focus on targets for this new trend. Summary: The long term target is 956.97 which may be met in another 18...
by Lara | Aug 18, 2014 | Gold |
End of week Elliott wave analysis expected Monday to begin with downwards movement to a short term target at 1,289 before the upwards trend resumed. Price has moved lower, but did only to 1,295.69 so far. I have the same two Elliott wave counts for you today. Summary:...
by Lara | Jul 28, 2014 | Gold |
Upwards movement was expected for Monday. A new high was made and thereafter price has moved sideways. The Elliott wave structure is incomplete. I am changing the alternate wave count today. Both wave counts expect the same direction next. Summary: I am confident that...
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 12, 2014 | Gold |
I expected upwards movement for Friday towards a target at 1,350. Price moved sideways and there was no new high. Although the invalidation point was not breached the wave count has been adjusted. Summary: I expect downwards movement from here next week towards a...
