by Lara | Jun 19, 2014 | Gold |
Last Elliott wave analysis of Gold expected one more downwards wave of about $27 in length before the upwards trend resumed. This is not what happened. Movement above 1,284.99 invalidated the hourly wave count. Summary: Minor wave A may be close to completion. Upwards...
by Lara | Jun 4, 2014 | Gold |
I had expected upwards movement to a short term target at 1,258 to 1,261. Price has moved sideways and the target is not met. I have a new alternate for you today. Summary: In the short term I expect more sideways movement for another one or two sessions. This...
by Lara | Apr 7, 2014 | Gold |
A little downwards movement was expected, but I had not expected it to be this deep or last this long for the main wave count. However, on the hourly chart the structure looks typical and the wave count has the right look. Both hourly wave counts remain valid. The...
by Lara | Feb 6, 2014 | Gold
I had expected a little more downwards movement to complete a small second wave correction. Price did move lower to complete the correction, but it moved higher first. Downwards movement is finding strong support at the lower edge of the parallel channel as expected....
by Lara | Jan 23, 2014 | Gold |
Yesterday’s analysis expected one or two days of downwards movement towards a target at 1,211.60. We have had only one more day of a little downwards movement which ended at 1,231.69. Summary: This upwards movement is close to an end for the short term and the...
by Lara | Jan 6, 2014 | Gold |
In last analysis both hourly wave counts expected more upwards movement which is what happened. However, upwards movement was followed by a sharp spike below 1,227.11. The targets were not reached. It is at this point the hourly wave counts diverge. Click on the...
by Lara | Dec 17, 2013 | Gold |
Yesterday’s main wave count expected downwards movement which is what has happened. The alternate wave count probability has been further reduced. Click on the charts below to enlarge. Main Wave Count. Gold is still within a large fourth wave correction at...
by Lara | Dec 3, 2013 | Gold |
Yesterday’s short term target was at 1,212 for the end of a fifth wave. Downwards movement ended at 1,215.36, 3.36 short of the target. The structure looks complete. The wave count is unchanged from yesterday. Click on the charts below to enlarge. Gold is still...
by Lara | Oct 18, 2013 | Gold |
Yesterday I published a new alternate. I had been searching for a viable bullish wave count to align with my wave count for silver. Today I will publish both this alternate and the main wave count. I do not favour either, and the invalidation / confirmation point is...
