by Lara | Dec 20, 2017 | Gold |
More upwards movement was expected towards a target at 1,268 to 1,270. Price has reached up to 1,266.70, just 1.30 short of the target zone so far. Summary: Upwards movement is either over here or may continue a little higher. If it does continue a little higher, then...
by Lara | Dec 7, 2017 | Gold |
Further downwards movement should have given all members of Elliott Wave Gold profits today, if trading advice was taken. A new short term target is given and a new channel is used to indicate when downwards movement may be over. Summary: The short term target is...
by Lara | Nov 1, 2017 | Gold, Public Analysis |
Price is now beginning to move higher, which is what the Elliott wave counts both expected. Summary: Upwards movement for a third wave should begin now. The first target is at 1,294 where a small consolidation may unfold. The target for this upwards swing to end is at...
by Lara | Sep 20, 2017 | Gold |
Yesterday’s hourly charts for both Elliott wave counts had a target at 1,316 for a bounce to end and then expected downwards movement to show some strength as a third wave began. This is exactly what happened. Upwards movement reached 1,315.81, just 0.19 short...
by Lara | Sep 18, 2017 | Gold |
With price closing below a long term bear market trend line, the analysis is today again changed. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,300 to 1,297. This downwards swing may go as low as 1,170 to...
by Lara | Aug 8, 2017 | Gold |
A short term target for Tuesday was 1,247. The low for the session fell $5.39 short of the target, after a whipsaw took out the short term invalidation point on the hourly Elliott wave chart. Summary: Gold has likely had a trend change. The target is at 1,184. This...
by Lara | Jul 26, 2017 | Gold |
A pullback was expected when price made a new low below 1,244.28, but it was expected to be a little deeper though: price fell $6 short of the first target at 1,238. The overall trend remains up, which still fits the Elliott wave count. Summary: For now the trend is...
by Lara | Jul 24, 2017 | Gold |
A short term target at 1,264 has not been met; price has fallen $5.41 short. However, price did make a new high at the start of Monday’s session and overall upwards movement continues as expected. Summary: A small consolidation may continue sideways and complete...
by Lara | Jul 18, 2017 | Gold |
Price has overcome resistance at 1,236.50. The target on the alternate Elliott wave count has been reached. Summary: A break above resistance with some support from volume looks bullish. Stronger volume today suggests this upwards movement is not over. The target is...
