by Lara | Jun 24, 2014 | Gold
Yesterday’s Elliott wave analysis expected a small triangle to end and be followed by a sharp upwards thrust. This is what happened, but the target at 1,330 has not yet been met. Summary: It is most likely upwards movement is over for the next two or three...
by Lara | Jun 10, 2014 | Gold
Another sideways session and another small red doji candlestick still fits the wave count. However, with sideways movement lasting over two days now I am again considering an alternate idea published previously. It makes no difference to overall direction at the daily...
by Lara | May 14, 2014 | Gold |
Yesterday’s analysis expected to see some downwards movement, from both the main and alternate hourly wave counts. This is what has happened. With a further 24 hours price action to analyse I now have more confidence in the main hourly wave count. Summary: I...
by Lara | Apr 29, 2014 | Gold |
Yesterday’s analysis expected to see more choppy overlapping movement. Tuesday has ended with a small doji candlestick, which fits the expectations exactly. Summary: It is most likely that Gold will remain range bound for another one or two days, with slightly...
by Lara | Feb 12, 2014 | Gold |
The target at 1,297 was expected to be met within 24 hours. Price has moved higher as expected to 1,296.38, just 0.62 below the target. The wave count remains the same. Summary: In the short term upwards movement is not over. The short term target is now widened to...
by Lara | Jan 9, 2014 | Gold |
Yesterday’s main wave count expected more downwards movement towards a short term target at 1,215.4 before a trend change. Price moved only slightly lower, reaching 1,218.60, before turning slowly upwards. Click on the charts below to enlarge. Gold is still...
by Lara | Dec 23, 2013 | Gold
Last analysis expected a little more upwards movement towards a short term target at 1,210 before price turned lower. This is not what happened. Last analysis stated that if Monday produced a red candlestick that the current fourth wave correction would be unlikely to...
by Lara | Nov 25, 2013 | Gold |
Last analysis expected more downwards movement towards a target at 1,207 to 1,198. Price has moved lower, but so far is well short of the target. I have two hourly wave counts for you today. I will use confirmation / invalidation points to work with these two wave...
by Lara | Nov 12, 2013 | Gold
Last analysis expected more sideways and slightly higher movement before one more downwards wave. Price did not move higher, it moved sideways, and was followed by another wave downwards. The target at 1,271 was comfortably exceeded. I have a new alternate wave count...
