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...
by Lara | Sep 30, 2014 | Gold |
Summary: This correction is still incomplete. An adjustment to the hourly charts for recent movement sees all three possibilities of a flat, triangle and combination still open. I expect Gold to continue to be range bound until Thursday. The breakout when it comes...
by Lara | Sep 3, 2014 | Gold |
Analysis is a little earlier than usual today. Price remains below the black (B)-(D) trend line on the daily chart. I expect Wednesday’s session will close below this line providing full confirmation of this wave count. Summary: Despite a green candlestick for...
by Lara | Jul 30, 2014 | Gold |
The downwards target for this correction to end was almost met, with downwards movement just 0.83 short of the target. Thereafter, price has turned up a little. I have a new and better alternate Elliott wave count for you today. Summary: The main wave count has a...
by Lara | Jun 30, 2014 | Gold, Gold Historical |
Sideways movement continued, although for less than one day. The breakout was expected to be upwards. The alternate hourly wave count target for sideways movement to end was at 1,311.44 which was met and exceeded by just 1.01. Summary: Minor wave B is complete as a...
