by Lara | Nov 23, 2017 | Gold
The preferred Elliott wave count expected more sideways movement, which is exactly what has happened for the last several sessions. The target for the next swing remains the same. Summary: Members please note: the second wave count is now strongly preferred. It...
by Lara | Nov 22, 2017 | Gold |
The preferred Elliott wave count has expected sideways movement this week. So far this is exactly how price is behaving. Summary: Members please note: the second wave count is now strongly preferred. It expects sideways movement to continue probably for all of this...
by Lara | Sep 13, 2017 | Gold |
Overall sideways movement was expected for the week. So far price has moved a little lower, now finding support almost exactly at a long term trend line. Summary: The correction for minor wave 4 may be over today. If it moves a little lower, then a target at 1,309...
by Lara | Aug 22, 2017 | Gold |
Upwards movement was expected for Tuesday’s session. Price has moved sideways to complete an inside day. The Elliott wave counts are changed a little. Summary: Upwards movement may end within the next 24 hours below 1,315.81. Thereafter, there may be a sharp...
by Lara | Jul 24, 2017 | Gold |
A short term target at 1,264 has not been met; price has fallen $5.41 short. However, price did make a new high at the start of Monday’s session and overall upwards movement continues as expected. Summary: A small consolidation may continue sideways and complete...
by Lara | Jun 5, 2017 | Gold |
Price moved sideways and then higher, which was what was expected from the Elliott wave count. Summary: A trend change is expected here; price is at very strong resistance. The target for the next wave down is either 1,157 to 1,149, or 1,140 or below. If the next...
by Lara | May 1, 2017 | Gold |
Downwards movement was expected for Monday to end about 1,257. Price moved lower as expected reaching 3.52 below the target so far. Summary: The upwards trend should resume. Confidence may be had in this expectation if price makes a new high above 1,268.38 and breaks...
by Lara | Apr 1, 2017 | Gold |
Downwards movement was expected to continue. Overall, Friday’s session did move price lower with a lower low and a lower high, but the session closed green with a strong upwards push. This was not expected. Members are offered some trading strategies for how to...
by Lara | Mar 21, 2017 | Gold |
A fourth wave correction ended right at the lower edge of the Elliott channel and from there price bounced up to make new highs for a fifth wave. Summary: Assume the trend remains the same until proven otherwise. Assume price will keep going up while price remains...
