by Lara | Nov 25, 2017 | Gold |
Some downwards movement for the very short term was expected by the preferred Elliott wave count. This is exactly what has happened to end the trading week. Summary: Members please note: the second wave count is now strongly preferred. It expects sideways movement to...
by Lara | Sep 23, 2017 | Gold |
A small bounce continued as the hourly Elliott wave counts expected. Price remains within the channels. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,261. This downwards swing may go as low as 1,170 to...
by Lara | Jul 27, 2017 | Gold |
The target for more upwards movement was 1,277, but it has not been met yet. Price did make a slight new high. Summary: It looks likely that a high may be in place. Have some confidence in this view if the blue channel is breached, and then more confidence if price...
by Lara | May 23, 2017 | Gold |
Sideways or slowly higher movement was expected. Tuesday has completed an outside day and Gold appears to be developing a small trading range with resistance about 1,265 and support about 1,245. Summary: Price is consolidating. Another one to few days of sideways...
by Lara | Feb 16, 2017 | Gold |
Upwards movement for the main Elliott wave hourly chart was expected to reach a target at 1,240. Price moved higher as expected to reach 1,241.99. Summary: The target for a deep pullback is at 1,148. Corrections along the way down present opportunities to join the...
by Lara | Jan 18, 2017 | Gold |
Price has moved lower and remains within the channel drawn on both the hourly and daily Elliott wave charts. Summary: The bottom line is still that it must be accepted there is no indication yet of an end to this upwards wave while Gold remains within the channel and...
