by Lara | Apr 21, 2018 | Gold |
Downwards movement continues now as expected and shows an increase in downwards momentum, which was also expected. The target remains the same and looks reasonable. Summary: The target is at 1,306. Do not expect this swing to move in a straight line. There may be one...
by Lara | Apr 19, 2018 | Gold |
Downwards movement has unfolded as expected. Price remains within the channel on the hourly chart. This channel will continue to be very important. Summary: Overall, still expect a downwards swing from here to support. When the channel on the hourly chart is breached...
by Lara | Apr 2, 2018 | Gold |
A bounce was expected to begin the new week, and this is exactly what has happened. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. Do not expect this downwards swing to move in a straight line, because that is not how...
by Lara | Mar 15, 2018 | Gold |
A breach of the channel on the hourly chart indicated more downwards movement was then expected. The target has been adjusted, which is now within a strong support zone. Summary: Look out for another test of support about 1,310 – 1,305. Thereafter, expect the...
by Lara | Mar 14, 2018 | Gold |
A small inside day sees analysis unchanged. The Elliott wave counts remain the same and volume continues to favour the first hourly chart. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target is at 1,391, but this...
by Lara | Feb 3, 2018 | Gold |
A consolidation or pullback continues as expected. Two ideas for the short term are now considered at the hourly chart level. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is also possible...
by Lara | Jan 13, 2018 | Gold, Public Analysis
An upwards breakout from a consolidation was expected, but it has come much more quickly than expected. A new alternate wave count this week should prepare members if price continues higher from here. Summary: The main wave count expects a trend change to a new bear...
by Lara | Dec 21, 2017 | Gold |
A little more upwards movement to 1,270 was expected. Price has moved higher to reach up to 1,268.58, just 1.42 short of the target. Summary: A third wave down may begin from here. Some confidence may be had in this view when / if price breaks below the lower edge of...
by Lara | Dec 18, 2017 | Gold |
Price continues higher towards the target for this upwards movement to end. Two hourly charts are provided today. They both expect the same direction next, only the Elliott wave structures are different, and both have the same target. Summary: Upwards movement may end...
