by Lara | Dec 3, 2016 | Gold |
An upwards day was expected for Friday’s session, which is what happened. Summary: A new high above 1,181.36 would provide first confidence in a trend change. A new high above 1,232.48 would add a reasonable level of confidence. The target would be either 1,491...
by Lara | Nov 28, 2016 | Gold |
The main Elliott wave count expected a green daily candlestick for Monday, which is what has happened. Summary: The target for a six month long wave up is 1,500 and some confidence may be had in this if price makes a new high above 1,204.05, and thereafter further...
by Lara | Sep 10, 2016 | Gold |
More downwards movement was expected to 1,333 – 1,330. Friday’s low was 1,327.67. Summary: A little downwards movement to a short term target at 1,319 – 1,322 may begin for Monday. Thereafter, price should turn upwards as an upwards trend develops....
by Lara | Sep 5, 2016 | Gold |
A little upwards movement to about 1,328 was expected for Monday. Price moved higher to 1,328.04. Summary: Look out now for surprises to the upside. In the short term, a spike down to about 1,311 – 1,312 may complete a small pull back. Thereafter, price should...
by Lara | Jul 11, 2016 | Gold |
A five up completed and is being followed by a three down. The daily Elliott wave count and targets remain the same. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect upwards momentum to increase this week. The target for this...
by Lara | Jul 6, 2016 | Gold |
Upwards movement continues as expected for Gold. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect upwards momentum to increase in coming weeks. The target for this third wave to end remains at 1,582. The middle of it may end about...
by Lara | Apr 27, 2016 | Gold, Public Analysis |
Gold remains within a consolidation. The question is: What direction will price break out? On Balance Volume is today giving an indication. Summary: Gold is still range bound. On Balance Volume is today indicating the breakout direction is more likely to be up. It may...
by Lara | Apr 6, 2016 | Gold |
The main Elliott wave count so far is playing out as expected. The main Elliott wave count expected a short swing down to about 1,215. Price moved lower and turned at 1,217.22. Summary: A little upwards movement to 1,230 would end a triangle. Thereafter, price should...
by Lara | Mar 15, 2016 | Gold |
Price has moved sideways since last analysis. The Elliott wave count remains valid. Summary: A new high above 1,260.93 by any amount at any time frame would provide confidence that Gold is most likely in a fifth wave up. Fifth waves for commodities can be swift and...
