by Lara | Sep 29, 2016 | Gold |
Upwards movement was expected for Thursday’s session. Price moved a little lower. Summary: Upwards movement is now expected and should show an increase in momentum and strong volume over the coming weeks. Corrections may now start to be more brief and shallow. A...
by Lara | Sep 14, 2016 | Gold |
Upwards movement was expected from yesterday’s Elliott wave count. Summary: Price should continue upwards as an upwards trend develops. Range and volatility are expected to increase. A short term target is now calculated at 1,446. The long term target remains at...
by Lara | Aug 15, 2016 | Gold |
Upwards movement was expected for Monday’s session, which is what happened although price moved higher in a very small range. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can...
by Lara | Jul 29, 2016 | Gold |
A correction was expected to end about 1,325. Price did move lower but only to 1,330 before turning upwards. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade...
by Lara | Jul 16, 2016 | Gold |
Yesterday’s analysis expected some sideways movement for a fourth wave. Overall, price moved lower to complete an inside day which looks like a long legged doji on StockCharts data. Summary: The trend is still up. A multi day correction against the trend is...
by Lara | Jun 13, 2016 | Gold |
Upwards movement continued as per the alternate hourly Elliott wave count. The channel on the hourly chart remains intact. Summary: At least one more high is now required to complete the structure. The target is at 1,289. If price keeps going up, then the next target...
by Lara | May 26, 2016 | Gold |
Overall sideways movement fits the main Elliott wave count nicely. Summary: A fourth wave correction is most likely incomplete. It may end about 1,233. This would be confirmed if price makes a new high above 1,225.71 short term. Alternatively, if downwards movement...
by Lara | May 3, 2016 | Gold |
Price moved lower as yesterday’s Elliott wave count expected. Summary: The correction is incomplete. The target is either 1,278 or 1,263, with the lower target slightly more likely. The correction may end in one more day. This correction presents an opportunity...
by Lara | Mar 19, 2016 | Gold |
A break slightly above 1,266.27 to 1,266.75 meant price was expected to continue higher, but this was not what happened. The alternate hourly Elliott wave count was confirmed with a new low below 1,255.66. At that stage, the target was 1,243.50. Summary: It is highly...
