by Lara | Nov 14, 2016 | Gold |
More downwards movement unfolded as expected. Summary: Some weakness is now seen to this downwards movement. Volume today has declined further and the daily candlestick has a long lower wick. Some sideways / upwards movement may begin here for a few days. If this...
by Lara | Oct 15, 2016 | Gold |
A consolidation was expected to continue. Price moved lower within a small range, mostly as expected. Summary: A small triangle may have finished on Friday. The next wave down may be surprisingly short. A target is at 1,230. If this target is wrong, it may be a little...
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...
