by Lara | Sep 18, 2015 | Gold |
Short term the bear wave count expected upwards movement to 1,143. Price has moved higher to 1,141.83. Summary: Both wave counts expect downwards movement from here: the bear for the middle of a big third wave and the bull for a fourth wave correction which should...
by Lara | Jun 8, 2015 | Gold |
A small inside day fits both Elliott wave counts at the hourly chart level. The Elliott wave counts remain the same. Summary: Structure indicates it is still more likely we shall see a little more downwards movement before this wave is over; the target is now...
by Lara | May 21, 2015 | Gold |
The main bull Elliott wave count expected sideways movement. A small red candlestick fits this Elliott wave count. Summary: The very short term expects at least a little upwards movement from here to 1,212.96 or above. At any stage, a new low now below 1,200.03 would...
by Lara | May 12, 2015 | Gold |
Downwards movement was unexpected, although some upwards movement was allowed for in the bear Elliott wave count. Summary: I have three wave counts for you today. The very short term expects a fifth wave up. Thereafter, the wave counts diverge. The bear wave count...
by Lara | May 9, 2015 | Gold, Gold Historical |
This Elliott wave count expects Gold is within a grand super cycle correction. Historic Analysis. Data used for the chart above is averages for the year. It does not include high / low. Note the chart scale is a logarithmic scale. Data on this chart is only from 1833...
by Lara | May 1, 2015 | Gold |
Downwards movement has increase the probability of the alternate bear Elliott wave count. I still have two Elliott wave counts, one bull and one bear. Summary: Both wave counts expect a little more downwards movement to most likely complete a five down (I have an...
by Lara | Apr 22, 2015 | Gold |
Downwards movement was expected for wave counts 1, 3 and 4. With price still just above 1,184.04, all Elliott wave counts remain valid and all will be again presented. Summary: Gold remains in a sideways consolidation phase which began on March 27th. Since price...
by Lara | Mar 28, 2015 | Gold |
Downwards movement was expected. Friday closed with a small red candlestick fitting both Elliott wave counts nicely. Summary: Downwards movement should continue next week. The lower volume for Friday supports the main wave count which expects a correction to 1,172...
by Lara | Mar 4, 2015 | Gold |
A small red candlestick for an inside day is completing. Overall, this fits the Elliott wave count. Summary: The middle of intermediate wave (3) has most likely begun. A breach of the green channel on the hourly chart would add confidence to the wave count. I will...
