by Lara | Dec 13, 2017 | Gold |
Last analysis called for a low to be in place and for members with short positions to take profits (if opened below a certain point). With upwards movement now unfolding, that advice would have seen Elliott Wave Gold members take some very good profits today. Summary:...
by Lara | Nov 30, 2017 | Gold |
The short term target for a little more downwards movement was 1,271. Downwards movement has continued and so far has reached 1,269.80, just 1.20 below the target. Summary: Members please note: the second wave count is strongly preferred. Only one final upwards swing...
by Lara | Oct 16, 2017 | Copper, GDX, Gold |
Last analysis expected upwards movement to continue towards a target at 1,320. Price did make a new high but was well short of the target. Summary: The larger trend remains up but a pullback has finally arrived. At its end, it should offer an entry point to join the...
by Lara | Oct 11, 2017 | Gold, Public Analysis |
The overall upwards trend continues. Summary: Note that inaccurate data from StockCharts substantially reduces the confidence in classic technical analysis today. While price remains above 1,284.48 and most importantly within the pink base channel on the main hourly...
by Lara | Oct 11, 2017 | Gold |
The overall upwards trend continues, which is what the Elliott wave counts expected at the daily chart level. Summary: A pullback to test support is still likely either here or very soon. The target is at 1,274 – 1,273. Overall, at this time, the trend is up. If...
by Lara | Oct 6, 2017 | Gold |
The target for downwards movement was 1,256. Price has reached 1,260.72, 4.42 short of the target. Summary: A low may be in place at least for the mid term for Gold. A breach of the channel on the hourly charts is required for confidence in this view. The fist target...
by Lara | Oct 3, 2017 | Gold |
Downwards movement continued as both Elliott wave counts expected. Volume analysis will be used to indicate which of three hourly Elliott wave counts looks most likely. Summary: Assume the trend remains down while price remains below 1,289.67. A new high above...
by Lara | Sep 26, 2017 | Gold, Public Analysis |
Yesterday’s strong upwards movement has been reversed. A new low below 1,296.23 indicated the alternate hourly Elliott wave count should be used. Summary: The bigger picture reverts to seeing a pullback continue here to about 1,261. It may be as low as 1,170...
by Lara | Aug 21, 2017 | Gold |
A little downwards movement followed by more upwards movement is exactly what all three hourly Elliott wave counts expected for Monday’s session. Summary: Upwards movement may end within the next 24 hours below 1,313.91. Thereafter, there may be a sharp trend...