by Lara | Sep 21, 2014 | Gold |
Price made a new low and we have another red candlestick which was expected, although price has fallen $2.84 short of the upper edge of the target zone. Summary: It is most likely that minor wave 3 is over, but this is unconfirmed. Movement above 1,228.67 and above...
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 31, 2014 | Gold |
Movement below 1,291.83 confirmed the alternate wave count and invalidated the main Elliott wave count. By a simple process of elimination I now have just one wave count for you today. Summary: The target for this downwards movement to end is 1,275 to 1,271. It should...
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 26, 2014 | Gold
Upwards movement was expected for Friday. Although the target is close by and the structure is incomplete, I am changing the wave count. Summary: Monday should see more upwards movement to a target at 1,340. Movement above 1,324.73 will confirm the main wave count and...
by Lara | Jul 12, 2014 | Gold |
I expected upwards movement for Friday towards a target at 1,350. Price moved sideways and there was no new high. Although the invalidation point was not breached the wave count has been adjusted. Summary: I expect downwards movement from here next week towards a...
by Lara | Jun 26, 2014 | Gold
Movement below 1,315.48 invalidated yesterday’s alternate Elliott wave count and confirmed the main wave count. I have more confidence today that a B wave has begun. So far it looks like it may be very shallow and it may also be brief. I have two wave counts for...
