by Lara | Sep 2, 2014 | Gold, Gold Historical
Movement below 1,273.03 has invalidated the main Elliott wave count and confirmed the alternate. The situation is now clear. Elliott wave analysis will now focus on targets for this new trend. Summary: The long term target is 956.97 which may be met in another 18...
by Lara | Aug 18, 2014 | Gold |
End of week Elliott wave analysis expected Monday to begin with downwards movement to a short term target at 1,289 before the upwards trend resumed. Price has moved lower, but did only to 1,295.69 so far. I have the same two Elliott wave counts for you today. Summary:...
by Lara | Jul 28, 2014 | Gold |
Upwards movement was expected for Monday. A new high was made and thereafter price has moved sideways. The Elliott wave structure is incomplete. I am changing the alternate wave count today. Both wave counts expect the same direction next. Summary: I am confident that...
by Lara | Jul 12, 2014 | Gold |
I expected upwards movement for Friday towards a target at 1,350. Price moved sideways and there was no new high. Although the invalidation point was not breached the wave count has been adjusted. Summary: I expect downwards movement from here next week towards a...
by Lara | May 28, 2014 | Gold |
The short term target was 1,256. Price reached down to 1,256.06, so far. The wave count is unchanged. Summary: I expect to see some upwards movement to complete a second wave correction at 1,273. This may complete a green candlestick for Thursday’s session. The...
by Lara | May 16, 2014 | Gold
Downwards movement continues as expected, but we have not yet seen the increase in momentum I had expected. Summary: A third wave down has still most likely begun. The target for it to end is 1,247 and this may be reached in six more days. This analysis is published...
by Lara | May 4, 2014 | Gold |
I expect that Gold has finished this correction and should break out of the range in which it has been trading for the last 23 days. I expect to see downwards movement next week. Friday’s price action has necessitated a reanalysis of recent movement and the wave...
by Lara | Mar 18, 2014 | Gold
Downwards movement was expected for the main wave count. I have a new alternate wave count for you. Summary: I expect a little upwards movement to 1,366 to complete a correction. This should be followed by more downwards movement. We need to see a clear breach of the...
by Lara | Mar 4, 2014 | Gold |
Movement below 1,342.57 invalidated the main hourly wave count and confirmed the alternate. At that stage the short term target for downwards movement was 1,335. So far price has reached down to 1,331.43. The strong red candlestick on the daily chart must be taken...
