by Lara | Jul 16, 2015 | Gold |
Downwards movement was expected, again, and this has occurred. Supported again by technical analysis indicators, the Elliott wave count remains the same. Summary: Downwards movement should continue. Use the brown channel on the hourly chart to indicate where upwards...
by Lara | Jul 7, 2015 | Gold |
Yesterday’s main Elliott wave count expected a third wave down. Downwards movement is showing an increase in momentum, exactly as the main Elliott wave count expected. Summary: The case for a bearish breakout is strengthened; downwards movement should continue....
by Lara | Jun 26, 2015 | Gold |
A small green candlestick fits both hourly Elliott wave counts perfectly. Summary: This correction is not done yet. Monday should see some upwards movement to at least a little above 1,178.78. Targets are either 1,181 or 1,186 – 1,188. When there is a complete...
by Lara | Jun 17, 2015 | Gold |
Upwards movement was not expected. Price has so far reached to just below a short term invalidation point. Summary: The bear wave count still requires more downwards movement to a minimum at 1,165.76. The bull count requires upwards movement to a minimum 1,195.71....
by Lara | Apr 17, 2015 | Gold |
All four Elliott wave counts remain valid. The most recent movement has a better fit in terms of structure for Elliott wave counts 2 and 4. Members should use their own preferred technical analysis tools to judge for themselves which wave count they can use as a road...
by Lara | Apr 8, 2015 | Gold |
Downwards movement was expected as 60% likely, which is what happened. Summary: I expect Gold has just completed a small correction two hours ago. It is extremely likely that the next few days will see strong upwards movement with an increase in momentum and high...
by Lara | Feb 28, 2015 | Gold |
Upwards movement was expected, with Friday’s session completing a green candlestick which fits the Elliott wave count. I have a new main and alternate Elliott wave count for you to end the week, and I am more satisfied that the subdivisions and ratios are a...
by Lara | Jan 13, 2015 | Gold |
The alternate Elliott hourly wave count from yesterday’s update was confirmed with a new high above 1,241.61. Summary: The trend is up. I expect it to end above 1,262.94. Use the trend channel on the hourly chart to indicate when a larger correction has arrived,...
by Lara | Dec 15, 2014 | Gold |
Downwards movement breached the invalidation point on the hourly Elliott wave chart, and has now breached the aqua blue trend line on the daily Elliott wave chart slightly. Neither of these situations was what was expected. Summary: This second wave correction is...
