by Lara | Sep 8, 2015 | Gold |
The scenario on the hourly bear Elliott wave count was preferred, which expected a little upwards movement to a short term target at 1,128 – 1,129. Price moved higher to 1,127.96. Summary: Both wave counts still expect overall downwards movement this week. In...
by Lara | Aug 27, 2015 | Gold |
Downwards movement was expected. Price moved sideways to complete a very small red doji. Summary: For the short term, both wave counts still expect downwards movement. The bull count expects a zigzag down to end most likely within a range of 1,105 – 1,091. The...
by Lara | Aug 18, 2015 | Gold |
Upwards movement was expected for Tuesday. Although price moved sideways to complete a small green doji, downwards movement during the session moved below the invalidation point on the hourly chart. Summary: To call an end to subminuette wave iv yesterday was probably...
by Lara | Aug 7, 2015 | Gold |
A breakout of this consolidation is expected to occur on Monday. Summary: The triangle is most likely complete. Subminuette wave v down should unfold next week to either 1,068 (more likely) or 1,036 – 1,038 (less likely). If the first target is correct, then it...
by Lara | Jul 30, 2015 | Gold |
Yesterday’s Elliott wave analysis was confident for several technical analysis reasons that a downwards breakout should happen, and it did. Summary: Downwards movement should continue. The new target for it to end is at 1,038 – 1,035. Along the way down,...
by Lara | Jul 21, 2015 | Gold |
Since yesterday’s Elliott wave analysis, price has moved lower slowly. Summary: The target for the next third wave to end remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at...
by Lara | Jul 10, 2015 | Gold |
Downwards movement was expected for Friday. The session did begin with some downwards movement, but price turned higher to complete a green candlestick for Friday which was not what was expected. Price remains below the invalidation point on the hourly Elliott wave...
by Lara | Jul 1, 2015 | Gold |
Price has moved slowly lower on slightly lower volume. This downwards movement looks corrective and fits both bull and bear Elliott wave counts. Summary: In the very short term (next 24 hours) a little upwards movement to 1,180 may complete a small second wave...
by Lara | Jun 22, 2015 | Gold |
Both Elliott wave counts expected downwards movement. Summary: Both bull and bear wave counts expect more downwards movement. The bull count should see downwards movement unfold as a three; the bear expects a five down. If the bear is right, then it may be confirmed...
