by Lara | Jan 20, 2016 | Gold |
Upwards movement was expected from both Elliott wave counts. Summary: Both wave counts expect more upwards movement this week to make a new high above 1,112.19. The main bear wave count requires upwards movement to a minimum at 1,125.13. The target for the alternate...
by Lara | Jan 14, 2016 | Gold |
The main Elliott wave count expected overall downwards movement to end within a range of 1,076.7 – 1,068.64. Price is now within that range. Summary: Both wave counts expect this downwards move to end soon and be followed by a upwards movement to new highs. The...
by Lara | Dec 18, 2015 | Gold, Gold Historical |
This is the last analysis prior to the Christmas / New Year break. Next analysis will be done after market close for Monday, 4th January, 2016. May you all have a very Merry Christmas and a Happy New Year! Summary: The trend is down. The question is whether a small...
by Lara | Dec 2, 2015 | Gold |
Upwards movement was expected but did not happen. Downwards movement invalidated the hourly Elliott wave counts. Summary: Downwards movement is most likely a B wave within an expanded flat. The target for upwards movement from here is 1,086. First, a small channel on...
by Lara | Nov 20, 2015 | Gold |
Upwards movement was expected. Yesterday’s second hourly Elliott wave count looked at the possibility that upwards movement may be very choppy and overlapping. This is the correct Elliott wave count. Summary: The target for more upwards movement is at 1,101 to...
by Lara | Nov 11, 2015 | Gold |
Downwards movement to a slight new low still fits the Elliott wave count. Summary: On balance, I would expect one or maybe two more days of sideways movement. A green candlestick or doji for Thursday’s session is expected. There is a slim outside possibility...
by Lara | Oct 8, 2015 | Gold |
Downwards movement was expected for the bear Elliott wave count and this is what has happened. So far both Elliott wave counts remain valid. Summary: The short term target for a third wave for the bear is 1,106. This may be met next week. The short term target for the...
by Lara | Sep 30, 2015 | Gold |
Both Elliott wave counts expected a small consolidation to begin and to last for one to three days. This is not what happened. Price moved lower. Summary: Both Elliott wave counts still expect a consolidation to show up which should last one to three days. The...
by Lara | Sep 22, 2015 | Gold |
Downwards movement favours the bear wave count, but is not enough for confirmation. The bull wave count remains valid. Summary: Short term both wave counts expect a little more downwards movement to 1,116. Thereafter, both expect some upwards movement: the bear for a...
