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 27, 2014 | Gold
Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...
by Lara | Sep 18, 2014 | Gold |
Since last analysis price has moved sideways to complete a small green candlestick for Thursday’s session (I had expected a red candlestick). The Elliott wave count remains mostly the same and the target is now calculated at three wave degrees. Summary: The...
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 23, 2014 | Gold |
Again, more sideways movement is not enough to provide us with clarity. The main Elliott wave count still has about a 60% probability. Summary: Upwards movement towards 1,350 is most likely. This would be confirmed with a break above 1,324.73. A break below 1,292.25...
