by Lara | Jun 22, 2017 | Gold |
Upwards movement was favoured as more likely for Thursday’s session. This is what has happened. Summary: A new high above 1,259.75 would indicate a bounce to last about two weeks has begun. A new low below 1,241.33 would indicate downwards movement is not over...
by Lara | Jun 19, 2017 | Gold |
A little sideways movement was expected to be followed by more downwards movement. This is mostly what happened, although price did not move any higher first. Summary: Downwards movement in the short term should be limited to 1,229.88. The target is now 1,235, which...
by Lara | Jun 13, 2017 | Gold |
Downwards movement continues a little lower, which was not what was expected for Tuesday’s session. Summary: A second wave bounce may end about 1,281. Thereafter, a third wave down may unfold for a few days. Always use a stop, which should be just above the last...
by Lara | Jun 5, 2017 | Gold |
Price moved sideways and then higher, which was what was expected from the Elliott wave count. Summary: A trend change is expected here; price is at very strong resistance. The target for the next wave down is either 1,157 to 1,149, or 1,140 or below. If the next...
by Lara | May 22, 2017 | Gold |
End of week analysis expected sideways or higher movement for the new week. So far this is what is happening with Monday completing an upwards day that has not yet made a new high above last week’s high. Summary: It looks like price may continue sideways or...
by Lara | May 13, 2017 | Gold |
Upwards movement has continued as expected. With some structure now to analyse, targets can be calculated. Summary: A bounce has begun. It looks like a counter trend movement. Be diligent with risk management if trading this movement upwards. The target for Monday /...
by Lara | May 1, 2017 | Gold |
Downwards movement was expected for Monday to end about 1,257. Price moved lower as expected reaching 3.52 below the target so far. Summary: The upwards trend should resume. Confidence may be had in this expectation if price makes a new high above 1,268.38 and breaks...
by Lara | Apr 12, 2017 | Gold |
Upwards movement continues as expected. Members have been advised to move stops up now to protect some profit. Profit targets are still the same. A new channel on the hourly chart will be used to manage long positions. Summary: The strongest move is still most likely...
by Lara | Apr 4, 2017 | Gold |
The main Elliott wave count expected upwards movement for Tuesday’s session, which is what has happened. Summary: Look out for strong upwards movement from both Gold and GDX, which may happen within the next 24 hours. The target is at 1,333 in the first...
