by Lara | Oct 29, 2016 | Gold |
Downwards movement was expected for Friday, but this is not what happened. Upwards movement breached the invalidation point on the main hourly Elliott wave count and was supported by volume. Summary: A new wave count expects a very slight new high on Monday to be...
by Lara | Sep 27, 2016 | Gold |
Upwards movement was expected for Tuesday’s session. This is not what happened. The hourly wave count was invalidated with a new low below 1,332.74. A multi day pullback has begun a day earlier than expected. Summary: This pullback may end in one more session...
by Lara | Sep 23, 2016 | Gold |
Upwards movement was expected for Friday. Price moved sideways to complete a small inside day and a green candlestick. Summary: The trend is still up. Monday may move mostly sideways; after a small consolidation is complete, then a new high is expected. Afterwards,...
by Lara | Sep 20, 2016 | Gold |
Upwards movement was again expected. Price has moved sideways to complete an inside day. Summary: The larger picture remains bullish. It is still more likely that Gold remains in a larger upwards trend and this downwards movement is a countertrend pullback. There is...
by Lara | Sep 14, 2016 | Gold |
Upwards movement was expected from yesterday’s Elliott wave count. Summary: Price should continue upwards as an upwards trend develops. Range and volatility are expected to increase. A short term target is now calculated at 1,446. The long term target remains at...
by Lara | Aug 11, 2016 | Gold |
Upwards movement was expected but did not happen. Price moved lower, remaining above the invalidation point on the hourly Elliott wave count. Summary: The trend is up. The target remains at 1,582. Further and substantial confidence may now be had in the trend and...
by Lara | Aug 8, 2016 | Gold, Public Analysis |
A little downwards movement was expected to begin for Monday before a trend change to upwards. Price has moved lower. Summary: The trend is up. The target remains at 1,582. Confidence in targets may be had with price movement above 1,349.25. There is still some...
by Lara | Aug 4, 2016 | Gold |
A correction was expected to unfold, which is what has happened, but it was expected to be over more quickly though. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one...
by Lara | Jul 29, 2016 | Gold |
A correction was expected to end about 1,325. Price did move lower but only to 1,330 before turning upwards. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade...