by Lara | Oct 13, 2014 | Gold
Upwards movement continues as expected. Momentum has not yet shown an increase, and both hourly Elliott wave counts are still valid. Summary: Upwards movement should continue in the short term to about 1,243 – 1,245. Thereafter, we may see a few days of...
by Lara | Oct 8, 2014 | Gold |
Last Elliott wave analysis expected a little downwards movement which is not what happened. Upwards movement continued, and a new high above 1,219.14 has invalidated the alternate wave count. I have just the one Elliott wave count for you today. Summary: Gold is...
by Lara | Oct 3, 2014 | Gold |
The correction is over and the breakout was downwards as expected. Summary: The target for minor wave 5 to end is at 1,154. If this target is wrong it may be too low. Update: It has occurred to me that often movements following the completion of a triangle are...
by Lara | Sep 23, 2014 | Gold |
Upwards movement for Tuesday was expected. Movement above the channel on the hourly chart and above 1,228.67 provided confirmation of the Elliott wave count. Summary: Minor wave 4 has begun. Gold has moved into a consolidation phase which should last at least one week...
by Lara | Aug 28, 2014 | Gold
Upwards movement was expected. Both Elliott wave counts remain valid. The depth of this current downwards correction may provide some clarity. Summary: It is still most likely that an extending third wave is beginning, I expect more upwards movement with an increase...
by Lara | Aug 13, 2014 | Gold |
Sideways movement has continued. The alternate hourly Elliott wave count was confirmed when the main hourly wave count was invalidated with a slight new low below 1,305.78. The alternate expected only more sideways movement. The bigger picture remains exactly the...
by Lara | Aug 5, 2014 | Gold |
Upwards movement was expected for Gold but has not happened. The correction continued lower, and sideways movement completed a small green doji. The main and alternate Elliott wave counts remain mostly the same. Summary: I expect overall upwards movement here for a...
by Lara | Jul 16, 2014 | Gold
Downwards movement was expected for both Elliott wave counts. The main and alternate Elliott wave counts remain mostly the same and still expect downwards movement should continue. Summary: Downwards movement should continue to at least 1,280. If the lower black...
by Lara | Jul 1, 2014 | Gold |
The first five wave structure upwards is now complete. The structure and behaviour which follows it gives us information as to whether this upwards trend should continue towards the target, or if it could be over there. Summary: The most likely target for minor wave C...
