by Lara | Jul 29, 2017 | Gold |
Upwards movement was unexpected for Friday. Summary: In the short term, the situation after Friday looks more bullish. The target is again 1,277. Use the blue Elliott channel on the daily and hourly charts to indicate when price has turned. Expect more upwards...
by Lara | Feb 18, 2017 | Gold |
Price moved higher for Friday’s session, which was not expected but was allowed for. Price remains below the invalidation point on the main hourly Elliott wave count. This week volume and ATR are giving some clues as to what the upwards movement for the last...
by Lara | Jan 16, 2017 | Gold |
Upwards movement invalidated the main hourly Elliott wave count and confirmed the alternate. The target is now adjusted. Summary: The new target for upwards movement to end is 1,219. In the short term, a new low below 1,187.97 would indicate a trend change and a...