by Lara | Jan 12, 2015 | Gold |
Some upwards movement was expected, but the target at 1,226 has been passed. The Elliott wave count remains the same, and I have a new alternate for you. Summary: In the short term upwards movement may end at 1,234. Thereafter, the main wave count expects a downwards...
by Lara | Jan 8, 2015 | GDX |
I will present only the one wave count for you today. The second alternate from last analysis remains valid for GDX, but it is invalidated for Silver, and has a very low probability so I will not present it today. Click charts to enlarge. I see an incomplete five wave...
by Lara | Dec 18, 2014 | GDX |
I have a new alternate for GDX for you. It fits perfectly with Gold’s Elliott wave analysis today. Click charts to enlarge. Main Wave Count This main wave count has an even probability with the alternate below. Both wave counts are identical to the end of minor...
by Lara | Dec 16, 2014 | GDX |
One chart only this week. Click chart to enlarge. Main Wave Count
by Lara | Dec 6, 2014 | GDX |
Charts only this week. To see a full write up look at last week’s analysis here. Click charts to enlarge. Main Wave Count Still the most likely scenario. Minor wave 2 would be in proportion to minor wave 1. At 24.14 minute wave c would reach 1.618 the length of...
by Lara | Dec 4, 2014 | Gold |
Sideways movement is exactly what was expected, and it’s not done yet. Summary: The trend at minor degree is up. The sideways correction is incomplete, and should end within the next 24 hours. The invalidation point remains at 1,142.88. The target for minute...
by Lara | Nov 30, 2014 | GDX |
Upwards movement was expected for a correction. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks like either a complete five down, or an almost complete five down (if the fifth wave is incomplete). This may be...
by Lara | Nov 27, 2014 | Gold |
The triangle ended but the thrust out of it was down, not up. The hourly Elliott wave count was invalidated but the Elliott wave count at the daily chart remains valid. Summary: Overall the trend remains up. In the short term a new high above 1,193.99 would provide...
by Lara | Nov 19, 2014 | GDX |
Movement for the last eight days fits this Elliott wave count perfectly. Click charts to enlarge. Ratios within minor wave 1 are: there is no Fibonacci ratio between minute waves i and iii, and minute wave v is 0.18 short of 2.618 the length of minute wave i. Minor...
