by Lara | Dec 13, 2016 | Gold, Public Analysis |
Upwards movement was expected for the short term, but this is not what happened. Price moved sideways to complete an inside day that closed red. Summary: Upwards movement is expected for about two or seven days to 1,187, and that may complete a small correction....
by Lara | Dec 10, 2016 | Gold, Gold Historical |
Short term downwards movement was expected. Price is now within the target range. Summary: Monday may begin with a slight new low to 1,156 – 1,154. Thereafter, an upwards wave should develop as part of a consolidation. The consolidation may last a total of five,...
by Lara | Nov 30, 2016 | Gold, Gold Historical |
A new low below 1,172.10 indicated more downwards movement, but the target for the alternate Elliott wave count at 1,169 was inadequate. Summary: Either a consolidation to last at least a few days or a trend change to a new wave up is expected now. If the new low...
by Lara | Oct 22, 2016 | Gold |
Both Elliott wave counts remain viable. Classic technical analysis continues to support the main Elliott wave count. Summary: A new low below 1,258.38 would confirm the main wave count. The target is at 1,227. If this target is wrong, it may not be low enough. It is...
by Lara | Sep 15, 2016 | Gold |
Upwards movement was expected from yesterday’s Elliott wave count, but again has not happened. Summary: Upwards movement is still expected. The weight of evidence still indicates a longer term upwards trend is in place. The short term target is at 1,440. The...
by Lara | Sep 7, 2016 | Gold |
Last analysis expected a small sideways correction to unfold and remain above 1,327.30. Price has moved lower in a small range, which fits expectations. Summary: Look out now for surprises to the upside. A small sideways correction may complete about 1,338, remaining...
by Lara | Jul 9, 2016 | Gold |
The main hourly Elliott wave count was invalidated and the alternate confirmed. Thereafter, price moved lower towards the target then turned upwards as expected for that wave count. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect...
by Lara | May 28, 2016 | Gold |
Downwards movement continued, which was expected for the alternate hourly Elliott wave count but not the main. Summary: The trend is still down. The final target remains the same at 1,183 in the first instance. Along the way down, there should be one more small fourth...
by Lara | May 19, 2016 | Gold |
More downwards movement was expected to a target at 1,250 for the main Elliott wave count. Price reached 5.65 below the target to reach 1,244.35 during the session. Summary: The main wave count expects upwards movement from here to a short term target at 1,415 and a...
