by Lara | May 30, 2016 | Gold |
The main Elliott wave count expected downwards movement to a short term target at 1,195. Downwards movement has continued to a low for the session at 1,200.07. Summary: The trend is still down. A final fourth wave correction along the way down has begun. It may last...
by Lara | May 18, 2016 | Gold |
The main Elliott wave count was invalidated at the hourly chart level with a new low below 1,269.63. At that stage, both alternates expected more downwards movement. Summary: More downwards movement should be expected from here. The preferred wave count (about a 60%...
by Lara | Apr 14, 2016 | Gold |
The main Elliott wave count expected downwards movement, which is what happened. The short term target on the hourly chart was 1,228 and a bounce was expected from there. The bounce came at 1,229.17. Summary: A new low below 1,209.08 would confirm the main wave count...
by Lara | Mar 23, 2016 | Gold |
Upwards movement was expected but did not happen. Downwards movement has invalidated one Elliott wave count. Summary: It looks like price has broken out of a range to the downside. The main wave count will expect intermediate wave (2) downwards is underway. A clear...
by Lara | Mar 10, 2016 | Gold |
Upwards movement was expected from yesterday’s analysis. Summary: Upwards movement is most likely a B wave within an expanded flat. Downwards movement is expected to a target at 1,224. A new low below 1,266.69 would confirm that the correction is not over....
by Lara | Mar 1, 2016 | Gold |
A little more upwards movement was expected to end about 1,245 – 1,247, and then a small wave down was expected. Price turned at 1,248.44. Summary: The target for a short fifth wave up is at 1,261. If this target is wrong, it may be too low. On the way up, a new...
by Lara | Feb 18, 2016 | Gold |
Again, I have three hourly wave counts. Volume is used to indicate which is most likely. Summary: Minute wave iv may be over. As long as price remains above 1,216.92, this should be expected to be the most likely scenario. The target for a strong fifth wave up is at...
by Lara | Jan 7, 2016 | Gold |
Price has broken out of a consolidation upwards. Summary: Short term a third wave may end about 1,113 (if this target is wrong, it may not be high enough). Thereafter, a fourth wave correction should move sideways for a few days and be followed by more upwards...
by Lara | Dec 12, 2015 | Gold |
The correction continues as expected. Summary: There is still more than one possible structure which may be unfolding for this correction, but what is clear is that the correction is still very unlikely to be over. It may now continue for three more days to total a...
