by Lara | Nov 3, 2014 | Gold
Upwards movement was expected for Monday’s session. A red candlestick was not expected, but price has mostly moved sideways and remains above the invalidation point on the main Elliott wave hourly chart. Summary: It is still most likely that downwards movement...
by Lara | Oct 28, 2014 | Gold
Downwards movement continued, but fell short of the target at 1,217 by $5.58. Summary: Intermediate wave (2) is unfolding as a big flat correction. Overall I expect more downwards movement to 1,190.04 in the mid term. In the short term I expect to see very choppy...
by Lara | Oct 23, 2014 | Gold |
Movement below 1,231.78 has clarified the situation. Summary: Intermediate wave (2) is unfolding as a big flat correction. I expect more downwards movement for a few days to at least 1,190.04. It is possible we may see a new low below 1,183.06. Click on charts to...
by Lara | Sep 22, 2014 | Gold
A new low below 1,213.84 invalidated the main hourly wave count. The alternate hourly wave count allowed for downwards movement and had a target range of 1,211 – 1,206. No trend change has yet been confirmed. Summary: The downwards structure now has a better...
by Lara | Aug 4, 2014 | Gold
Some downwards movement was expected in the short term to about 1,286.81. So far price has reached down to 1,286.20. I have a new alternate Elliott wave count for you today. Summary: I expect overall upwards movement here for a minor degree wave to just above...
by Lara | Jul 15, 2014 | Gold |
Downwards movement was expected for the main Elliott wave count, which was judged to have a 90% probability. The first target was at 1,305 and has now been slightly exceeded. I still have an alternate wave count for you. Summary: In the short term, if price remains...
by Lara | Jun 14, 2014 | Gold |
The short term expectation was for a correction to end about 1,263.79 and last about 24 hours. The correction did unfold, but it moved only sideways as a small fourth wave triangle that lasted 20 hours, ending as a very shallow fourth wave at 1,273.39. Summary: I am...
by Lara | May 29, 2014 | Gold |
I had expected to see a green candlestick for Thursday’s session, but price has moved a little lower. I have two wave counts for you today. Summary: The second wave correction still must complete. It has most likely begun. I will expect a green candlestick for...
by Lara | May 5, 2014 | Gold
Upwards movement invalidated the triangle for minute wave b. The structure is more likely a combination. Upwards movement is either over here or should be over soon. Overall I expect to see the downwards trend resume this week. Summary: I want to see movement below...
