by Lara | May 12, 2016 | Gold |
A little downwards movement was expected from yesterday’s hourly Elliott wave count to end about either 1,270.53 or 1,265.46. So far price has moved lower to 1,263. Summary: It is still likely that a third wave upwards is in the very early stages. The target...
by Lara | May 9, 2016 | Gold |
Upwards movement was expected for Monday’s session but did not happen. The hourly Elliott wave count was invalidated by downwards movement. Summary: Volume still supports a bullish wave count. Upwards movement should continue from here or very soon. The target...
by Lara | May 3, 2016 | Gold |
Price moved lower as yesterday’s Elliott wave count expected. Summary: The correction is incomplete. The target is either 1,278 or 1,263, with the lower target slightly more likely. The correction may end in one more day. This correction presents an opportunity...
by Lara | Apr 22, 2016 | Gold |
Downwards movement was expected from both hourly Elliott wave counts. Summary: Gold is still range bound. There are still at least two valid wave counts for this correction and they encompass four possible structures which may unfold next week. This means that short...
by Lara | Apr 19, 2016 | Gold |
Downwards movement was expected from the main Elliott wave count. The main hourly count was invalidated above 1,241.55 and the alternate was confirmed. The alternate expected more upwards movement. Summary: A new low below 1,223.77 would provide strong confirmation...
by Lara | Apr 15, 2016 | Gold |
The main Elliott wave count expected a small bounce to be followed by more downwards movement. The bounce was longer lasting and a little deeper than expected. This changes the wave count short term but not mid term. Summary: A new low below 1,209.08 would confirm the...
by Lara | Apr 3, 2016 | Gold |
I have a new alternate Elliott wave count for you. Summary: If price makes a new low below 1,208.33 on Monday and remains below 1,235.16, then expect overall more downwards movement for another few days most likely to end about 1,131. This alternate is possible but...
by Lara | Apr 1, 2016 | Gold |
Upwards movement was again expected, but this is not what happened. Price moved lower turning just above the invalidation point. Summary: Price remains range bound. An upwards swing is most likely from about here. The Elliott wave target is at 1,302. New updates to...
by Lara | Mar 29, 2016 | Gold |
Upwards movement was unexpected and invalidated the hourly Elliott wave count. Summary: Two wave counts today both expect more upwards movement. It is reasonably likely that price will reach to 1,275.24. Upwards movement is most likely a B or X wave within a larger...
