by Lara | Sep 20, 2017 | Gold |
Yesterday’s hourly charts for both Elliott wave counts had a target at 1,316 for a bounce to end and then expected downwards movement to show some strength as a third wave began. This is exactly what happened. Upwards movement reached 1,315.81, just 0.19 short...
by Lara | Aug 8, 2017 | Gold |
A short term target for Tuesday was 1,247. The low for the session fell $5.39 short of the target, after a whipsaw took out the short term invalidation point on the hourly Elliott wave chart. Summary: Gold has likely had a trend change. The target is at 1,184. This...
by Lara | Jun 21, 2017 | Gold |
Some upwards movement was expected from last analysis. An inside day neither fits expectations nor invalidates the Elliott wave count. A new alternate is provided today. Summary: A new high above 1,259.75 would indicate a bounce to last about two weeks has begun. A...
by Lara | Mar 14, 2017 | Gold |
Price has moved lower which was allowed for but not what was expected. Price remains above the invalidation point on the hourly chart. Summary: A little confidence may be had in a trend change, but hesitancy in price at the start of a possible new trend is concerning....
by Lara | Nov 24, 2016 | Gold |
A very quiet sideways session while New York is closed for Thanksgiving Day includes a slight new low. This makes a difference to the short term picture for the main Elliott wave count. Summary: A small fourth wave triangle is ending. It should be followed by a short...
by Lara | Sep 1, 2016 | Gold, Public Analysis |
Both hourly Elliott wave counts expected a new low before some upwards movement. Both hourly counts remain valid. Summary: Look out now for surprises to the upside. With price at support, a green daily candlestick, and divergence between price and Stochastics expect...
by Lara | Jun 29, 2016 | Gold |
Both hourly Elliott wave counts in yesterday’s analysis expected at least some upwards movement. Price has moved higher as expected. Summary: It looks likely today that a correction will continue lower to end about 1,291. This target may be met in about two days...
by Lara | Jan 18, 2016 | Gold |
Downwards movement was expected to end soon and be followed by upwards movement. There was no more downwards movement. Price turned and moved higher. Summary: Both wave counts expect upwards movement this week to make a new high above 1,112.19. The main bear wave...
by Lara | Jan 15, 2016 | Gold |
Downwards movement was expected to end soon and be followed by upwards movement. There was no more downwards movement. Price turned and moved higher. Summary: Both wave counts expect upwards movement next week to make a new high above 1,112.19. The main bear wave...
