by Lara | Jan 21, 2015 | Gold |
Both Elliott wave counts expected a trend change, but upwards movement has continued. This changes the probability of these two Elliott wave counts. Summary: Both the main and alternate daily wave counts still expect downwards movement from here, and both expect a...
by Lara | Sep 6, 2014 | Gold |
A green candlestick on the daily Elliott wave chart indicates this last fifth wave will be extended, and will take its time. The targets remain the same. Upwards movement remains below the invalidation point and ended at the upper edge of the channel, as expected it...
by Lara | Aug 20, 2014 | Gold |
A slight breach of the invalidation point on the hourly chart changes the picture considerably. I have considered multiple possibilities and present the Elliott wave count with the best fit and best overall look, which agrees with current momentum. Summary: I expect...
by Lara | Aug 6, 2014 | Gold |
The main Elliott wave count expected upwards movement in the short term to show an increase in momentum. The short term target was at 1,310. Price moved strongly higher as expected, so far up to 1,309.74. Summary: Today I have just one wave count for you. Upwards...
by Lara | May 22, 2014 | Gold |
With continued sideways movement today I am discarding the prior main wave count in favour of the alternate, which will be my only wave count. Summary: In the short term sideways movement may continue. I have a short term target at 1,300 for a little upwards movement....
by Lara | May 7, 2014 | Gold
Downwards movement continues as expected. This strong red candlestick for Wednesday gives me more confidence the main wave count is correct. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for...
by Lara | Mar 21, 2014 | Gold |
Last analysis expected continued downwards movement to a short term target at 1,295 to 1,293. This is not what happened; price moved slowly higher. Although the wave count remained valid the green candlestick on the daily chart indicates it was wrong and so it is...
by Lara | Mar 6, 2014 | Gold |
Upwards movement remains below the invalidation point for the first wave count. Both wave counts remain valid and both remain mostly the same. I do have a new third wave count for you today. Every technical analysis method has its periods of uncertainty. Elliott wave...
by Lara | Jan 22, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement to be followed by downwards movement to new lows, and a red candlestick for Wednesday’s session. This is not what happened as price has moved sideways. Overall this movement fits into the mid term...
