by Lara | Aug 16, 2014 | Gold |
Yesterday’s main Elliott wave count expected to see some downwards movement to a short term target at 1,298.55 (although I had strongly suggested this target was too low) before price turned back upwards again. We did see downwards movement followed by a turn...
by Lara | Aug 11, 2014 | Gold |
Last main hourly Elliott wave count expected a continuation of sideways movement as a fourth wave correction unfolds; this sideways movement was expected to continue for one or two days. The alternate hourly wave count was invalidated. Summary: Sideways movement may...
by Lara | Aug 5, 2014 | GDX |
While the Elliott wave monthly chart looks fairly clear at this time, the Elliott wave daily chart is not. With GDX data I cannot look at subdivisions on any time frame below daily. I have one monthly wave count and three alternate ideas for the daily chart for you...
by Lara | Aug 2, 2014 | Gold |
Downwards movement was expected to continue to 1,275 to 1,271, but only a slight new low to 1,280.35 was seen before price turned up. A breach of the short term invalidation point on the hourly Elliott wave chart indicates the next wave has begun. Summary: I expect...
by Lara | Jul 24, 2014 | GDX |
I am swapping over my main and alternate wave counts. The new main wave count has a much better fit and makes more sense. Both expect some downwards movement from here. Charts only tonight. Click charts to enlarge. Main Wave Count. Alternate Wave Count. Minute wave c...
by Lara | Jul 21, 2014 | Gold
Sideways movement has not clarified the situation. The Elliott wave counts remain the same. Summary: The situation is unclear. A break above 1,324.73 would indicate a third wave up may be unfolding. A break below 1,304.60 would indicate more downwards movement, which...
by Lara | Jul 11, 2014 | Gold |
Movement above 1,332.49 invalidated the first two hourly wave counts leaving only one hourly wave count, the third. At that stage the analysis expected more upwards movement to end between 1,333.61 to 1,343.10. Upwards movement has reached 1,345.22. Summary: Upwards...
by Lara | Jul 2, 2014 | GDX |
Last Elliott wave analysis expected to see upwards movement for a C wave within the triangle. Price has moved higher as expected. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks most like a first, second and...
by Lara | Jun 28, 2014 | Gold |
Sideways movement continues as expected. Elliott wave count options for the B wave can now be narrowed down further. To end the week, I have two Elliott wave hourly charts for you. Summary: Minor wave B is incomplete. I expect to see more choppy overlapping movement...
