by Lara | Dec 6, 2017 | Gold, Public Analysis |
Last analysis advised members to hold onto short positions which should have been entered just prior to or at the downwards breakout. Targets are given today using a classic symmetrical triangle pattern and Elliott wave counts. Summary: The classic analysis target is...
by Lara | Oct 24, 2017 | Gold |
A slight new low in the last few hours changes the Elliott wave count for the short term, but not the mid or long term. This is still expected to be a B wave, which exhibits the greatest variety in structure and price behaviour. Summary: A consolidation for a B wave...
by Lara | Oct 21, 2017 | Gold |
Last analysis expected long positions to be held for those with a longer time frame, and stops to be pulled up to just below 1,260.70. The target remains the same, and long positions should now have much less exposure to risk. Summary: At the weekly chart level, this...
by Lara | Oct 19, 2017 | Gold |
In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable. Advice is given today on how to manage positions with...
by Lara | Oct 5, 2017 | Gold |
The trend was assumed to remain downwards while price remains within the channel. A new low today continues that trend. Summary: Assume the trend remains down while price remains below 1,272.28 and more importantly while it remains within the channel. The target for...
by Lara | Oct 2, 2017 | Gold |
Downwards movement continues as both Elliott wave counts expected. The target has not yet been met for the first wave count. Summary: The bigger picture sees a pullback continue here to about 1,261. It may be as low as 1,170 – 1,158. A bearish signal today from...
by Lara | Sep 19, 2017 | Gold |
A small inside day sees the target for one of the two Elliott wave counts adjusted. This new target is now closer to the target for the other Elliott wave count. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at...
by Lara | Sep 10, 2017 | Gold |
Again, upwards movement continued exactly as expected. A combination of candlestick analysis, volume analysis, RSI, and ADX will be used to identify when the trend is over or a consolidation within it may begin. Summary: The trend remains upwards, but now expect a...
by Lara | Aug 29, 2017 | Gold |
Price has reacted strongly downwards after moving slightly higher to perfectly touch the long term bear market trend line, which was expected. A red daily candlestick was printed as expected. Summary: Assume the trend remains the same until proven otherwise. Assume...
