by Lara | Sep 1, 2016 | Gold, Public Analysis |
Both hourly Elliott wave counts expected a new low before some upwards movement. Both hourly counts remain valid. Summary: Look out now for surprises to the upside. With price at support, a green daily candlestick, and divergence between price and Stochastics expect...
by Lara | Aug 31, 2016 | Gold, Public Analysis |
Downwards movement was expected from yesterday’s analysis. Summary: While price remains within the narrow pink channel, then assume the short term downwards trend remains intact. If the channel is breached and if price moves above 1,330.01, then assume the...
by Lara | Aug 30, 2016 | Gold, Public Analysis |
The main Elliott wave count has been confirmed with a new low below 1,310.84. Summary: Some more downwards movement this week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. A new high now above 1,330.01 would confirm downwards...
by Lara | Aug 29, 2016 | Gold, Public Analysis |
All three daily Elliott wave counts remain valid. The invalidation / confirmation point may now be moved lower today. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. In the short...
by Lara | Aug 24, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below 1,310, then a target for downwards movement to end is at 1,279. The longer term trend...
by Lara | Aug 22, 2016 | Gold |
A new low below 1,334.06 invalidated the main Elliott wave count at the hourly chart level, indicating more downwards movement ahead. Summary: Price should move a little lower to complete a five wave impulse. The short term target is at 1,315. If price breaks below...
by Lara | Aug 20, 2016 | Gold |
A short term downwards movement was expected to end a little below 1,346.27 but not below 1,340.01. Price broke a little below 1,340.01 to reach 1,338.06 invalidating the first hourly Elliott wave count and unfolding as expected for the second hourly Elliott wave...
by Lara | Aug 18, 2016 | Gold |
Upwards movement was expected. Price moved sideways in a narrow range, but did make a higher high and a higher low from the prior session. Summary: In the short term, a counter trend movement should end within the next 24 hours a little below 1,346.27 but not below...
by Lara | Aug 17, 2016 | Gold |
A correction was expected to end about 1,339 before upwards movement resumed. The correction ended at 1,340.1. Thereafter, upwards movement continues as expected. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave...
