by Lara | Jun 1, 2015 | Gold |
Upwards movement was expected and is enough to provide full confirmation of the two main Elliott wave counts, which still do not diverge at this stage. Summary: Both bull and bear wave counts still expect upwards movement to continue for a few days. The bull wave...
by Lara | May 19, 2015 | Gold |
Yesterday’s Elliott wave analysis had three hourly wave counts for three different structures for this small fourth wave correction. The triangle was invalidated below 1,211.11 and the combination never produced a B wave which was 90% or more of its A wave. This...
by Lara | May 8, 2015 | Gold |
Both bull and bear Elliott wave counts remain valid. Price has not yet told us which one is correct. Summary: The bear wave count requires a very strong downwards move from here. A new low below 1,169.94 would provide some confidence that price is breaking out...
by Lara | Apr 29, 2015 | Gold |
A small down day has not breached any invalidation points. All three Elliott wave counts remain valid. Summary: In the short term I expect at least a little more downwards movement to 1,200 – 1,197. It is possible that the small down day for Wednesday is the...
by Lara | Apr 6, 2015 | Gold |
The main hourly Elliott wave count expected upwards movement. It had two targets, 1,212 and 1,223, for a possible extended fifth wave. The second target was met and exceeded slightly when price reached 1,224.35. Summary: It looks like minute wave i is now over, but...
by Lara | Mar 2, 2015 | Gold |
Upwards movement was again expected. We have a new high. Downwards movement was not expected to be this deep though. I have a new Elliott wave count for you to consider today, and price should tell us very quickly if it is likely. Summary: This correction is too deep....
by Lara | Jan 15, 2015 | Gold |
The second wave ended just short of the target at 1,225.15 by 0.99. Thereafter, upwards movement looks like a typical third wave. Summary: The trend at minute, minor and intermediate degree remain up today, but this structure is getting close to completion. A small...
by Lara | Dec 9, 2014 | Gold |
A new high above 1,213.45 confirmed the main hourly Elliott wave count and invalidated the alternate. The short term target at 1,235 has been exceeded by 3.38 so far, but the structure is incomplete. The target was too low. The higher mid term target remains the same....
by Lara | Dec 1, 2014 | Gold |
At end of week analysis the main Elliott wave count expected a little downwards movement to a target at 1,162 – 1,159, before a third wave up began. Price moved lower, reaching 16.12 below the target but remaining above the invalidation point at 1,131.09....
