by Lara | May 25, 2017 | Gold
Further sideways movement was expected. The consolidation continues. Summary: The breakout may be upwards, but it may be relatively short and brief. Thereafter, a new downwards trend may develop. The consolidation is most likely incomplete. In the short term, a new...
by Lara | May 11, 2017 | Gold
Last analysis expected upwards movement as fairly likely. This is what has happened. Targets are the same. Summary: GDX has a low in place and it looks increasingly like Gold does too. Targets for minor wave B are either 1,245 or 1,264, and these are equally as...
by Lara | Mar 29, 2017 | Gold
Another downwards day for Wednesday overall was expected. The main Elliott wave count remains the same and is still preferred over the alternate. Summary: A pullback to about 1,230 may continue. The target may be reached now in another 4 days time. New updates to this...
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...
