by Lara | May 15, 2015 | Gold |
Sideways movement was expected from last Elliott wave analysis, which is what happened. Summary: This movement is a small correction against the trend, which for both bull and bear counts is up at least at minute degree. This fourth wave is either a zigzag to end...
by Lara | May 14, 2015 | Gold |
More upwards movement was allowed for as part of a fourth wave correction, but it’s more than expected. The third wave moved higher. Summary: I have the same two wave counts. The bull wave count now has two hourly options: minute wave iii may be complete as a...
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 6, 2015 | Gold |
A small inside day for Wednesday importantly shows higher volume. Volume consistently continues to support the bear Elliott wave count. Summary: The bull and bear wave counts diverge. The bull count expects a third or C wave up to 1,237. The bear count expects a third...
by Lara | May 4, 2015 | Gold |
Upwards movement fits the alternate hourly Elliott wave count best, which works for both bull and bear wave counts at the daily chart level. Volume continues to be a strong indicator of which Elliott wave count is more likely. I have another weekly chart for you today...
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 27, 2015 | Gold |
Upwards movement was unexpected and invalidated both hourly Elliott wave counts. At the daily chart level they both remain valid. I have a new Elliott wave count today. Summary: The main bull and the bear wave counts both expect downwards movement. The new bullish...
by Lara | Apr 24, 2015 | Gold |
A new low below 1,184.04 has invalidated two Elliott wave counts, leaving now only two valid Elliott wave counts. Summary: Gold is breaking out to the downside. Only wave counts 2 and 4 remain, which I will now label bull and bear respectively. A short term target for...
