by Lara | Nov 12, 2014 | Gold |
I had expected one more green candlestick for Wednesday’s session to end about 1,179 – 1,182. This is not what happened. Downwards movement has clarified the structure for minor wave 2 a little further. Summary: This correction is still not over most...
by Lara | Nov 4, 2014 | Gold |
A small green candlestick on the daily chart, and a slight increase in upwards momentum on the hourly chart, fits the main Elliott wave count well. Summary: It is still most likely that the minor degree trend is now upwards. The target for the next wave up is at 1,278...
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 | 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 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...
by Lara | Jun 17, 2014 | Gold |
Yesterday’s Elliott wave analysis expected downwards movement for gold towards a target at 1,268.07. Price has moved lower as expected, but the correction is deeper than anticipated. Summary: The correction is incomplete. It may take price lower again with...
by Lara | Apr 21, 2014 | Gold |
I had expected to see a little downwards movement to begin the week, to reach slightly below 1,282.60 but not below 1,277.79. So far price has reached down to 1,282.04 and turned up slightly. Summary: I expect overall upwards movement from here to either 1,336 or...