by Lara | Oct 9, 2014 | Gold |
Upwards movement continues as expected. I have a new alternate Elliott wave count for you to consider today. Summary: This third wave up should show a further increase in momentum. The target remains at 1,243. Click on charts to enlarge. Main Wave Count On the weekly...
by Lara | Oct 1, 2014 | Gold |
Upwards movement was expected for all three hourly Elliott wave counts. Summary: This correction is still incomplete, and the situation is little changed from yesterday. I expect Gold to continue to be range bound for at least one more day, but for two of the three...
by Lara | Jul 16, 2014 | Gold |
Sideways movement has slightly breached the invalidation point on the hourly chart. The Elliott wave count at the hourly chart level is adjusted, but the target remains mostly the same. Summary: One more downwards wave is required to complete this structure. The...
by Lara | Jun 19, 2014 | Gold |
Yesterday’s analysis expected more downwards movement to complete a correction, and I had expected it to end within 24 hours. This is not what happened. The correction is continuing and is longer in duration than expected. Summary: The correction is incomplete....
by Lara | Jun 4, 2014 | Gold |
Sideways movement and a small green candlestick for Tuesday’s session fits yesterday’s alternate wave count nicely. This will now be my only wave count and I can calculate a target for you. The mid and long term pictures remain exactly the same. Summary:...
by Lara | May 8, 2014 | Gold |
Yesterday’s analysis expected to see sideways movement for the short term, to last up to one day. This is exactly what has happened over the last 24 hours. Today’s analysis focusses on whether or not the sideways movement is over. When price breaks below...
by Lara | Apr 22, 2014 | Gold |
The channel on the hourly chart was not clearly breached, and a new low below 1,277.47 has invalidated the main hourly wave count and confirmed the second alternate. Now we have some clarity I have just the one hourly wave count for you today. Summary: The minor...
by Lara | Apr 4, 2014 | Gold |
Upwards movement was expected. I still have two hourly wave counts for you. They both expect that this trend is incomplete. Summary: The short term trend remains up. It should either continue for another week and a half (slightly more likely) or it may be very choppy...
by Lara | Feb 20, 2014 | Gold |
Price has moved a little lower. Thereafter, it has turned up a little remaining well below the invalidation point. The green candlestick on the daily chart for Thursday’s session does not alter the wave count at all. It remains the same. This analysis is...
