by Lara | Dec 10, 2014 | Gold |
A small red candlestick on the daily Elliott wave chart changes the wave count at the hourly chart level. The overall mid term target remains the same, and the trend is still upwards. Summary: This sideways movement is most likely very close to completion. Overall the...
by Lara | Nov 25, 2014 | Gold |
Another small green candlestick overall fits the Elliott wave count. The alternate hourly wave count (with a small adjustment) is now much more likely, and so today I am swapping over the main and alternate hourly wave counts. Summary: The short term target is 1,218....
by Lara | Nov 24, 2014 | Gold |
Upwards movement was expected, along with a strong increase in upwards momentum. This is not what happened. Price is moving sideways to complete a small red candlestick for Monday’s session. Summary: The main wave count expects an imminent increase in upwards...
by Lara | Nov 17, 2014 | Gold |
Price has moved mostly sideways to complete a small red candlestick. The main and new alternate Elliott wave counts both remain valid. Summary: I still favour the main wave count, but it requires a new low below 1,146.98 before I will have confidence in the target at...
by Lara | Nov 17, 2014 | Gold |
I have taken some time to try and see an alternate Elliott wave count which would expect more upwards movement. If price does keep moving strongly higher, as many members seem to expect it will do, this is the wave count I would prefer. It would be confirmed with a...
by Lara | Nov 14, 2014 | Gold |
The main hourly wave count was correct. Price did not move as low as the target at 1,137, but it did reach the minimum at 1,148.96. Thereafter, strong upwards movement was expected for the first two hourly wave counts, although the target at 1,179 – 1,183 was...
by Lara | Nov 6, 2014 | Gold |
A green candlestick was expected for Thursday which is exactly what we have. The Elliott wave count remains the same. Now there is more structure to analysis within this current wave I can give you a clearer picture of what to expect next. Summary: I expect a...
by Lara | Oct 30, 2014 | Gold |
Downwards movement continued as expected. I have a new alternate Elliott wave count for you to consider today. Summary: Downwards movement is incomplete. The target for it to end is at 1,182. It could be over sooner than expected. Click on charts to enlarge. Main Wave...
by Lara | Sep 27, 2014 | Gold
Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...
