by Lara | Nov 16, 2015 | Gold |
A new high above 1,095.89 confirmed the preferred alternate Elliott wave count. Summary: A correction is most likely underway against the trend. It may continue for a minimum of three more days but more likely another six or twelve. The preferred target for it to end...
by Lara | Oct 30, 2015 | Gold |
More downwards movement was expected for all wave counts. Targets were inadequate, but price did move lower and remained below the invalidation point which was close by. Summary: All wave counts will now expect upwards movement for some or all of next week. A new high...
by Lara | Oct 21, 2015 | Gold |
Upwards movement was expected. This is not what happened. The invalidation point on the hourly chart was breached by unexpected downwards movement. Summary: The structure is still incomplete. I am moving the degree of labelling for this correction up one more degree...
by Lara | Sep 8, 2015 | Gold |
The scenario on the hourly bear Elliott wave count was preferred, which expected a little upwards movement to a short term target at 1,128 – 1,129. Price moved higher to 1,127.96. Summary: Both wave counts still expect overall downwards movement this week. In...
by Lara | Aug 27, 2015 | Gold |
Downwards movement was expected. Price moved sideways to complete a very small red doji. Summary: For the short term, both wave counts still expect downwards movement. The bull count expects a zigzag down to end most likely within a range of 1,105 – 1,091. The...
by Lara | Aug 18, 2015 | Gold |
Upwards movement was expected for Tuesday. Although price moved sideways to complete a small green doji, downwards movement during the session moved below the invalidation point on the hourly chart. Summary: To call an end to subminuette wave iv yesterday was probably...
by Lara | Aug 7, 2015 | Gold |
A breakout of this consolidation is expected to occur on Monday. Summary: The triangle is most likely complete. Subminuette wave v down should unfold next week to either 1,068 (more likely) or 1,036 – 1,038 (less likely). If the first target is correct, then it...
by Lara | Jul 30, 2015 | Gold |
Yesterday’s Elliott wave analysis was confident for several technical analysis reasons that a downwards breakout should happen, and it did. Summary: Downwards movement should continue. The new target for it to end is at 1,038 – 1,035. Along the way down,...
by Lara | Jul 21, 2015 | Gold |
Since yesterday’s Elliott wave analysis, price has moved lower slowly. Summary: The target for the next third wave to end remains at 1,060. The following fourth wave may show on the daily chart, but it may not. The target for minute wave iii to end remains at...
