by Lara | Jun 19, 2014 | GDX |
Last Elliott wave analysis three days ago expected upwards movement for GDX. The target for it to end is 26.18. At the time of writing it is getting very close to this target. Click charts to enlarge. The clearest piece of movement is the downwards movement from the...
by Lara | Jun 12, 2014 | Gold, Gold Historical |
The target at 1,271 was met and exceeded by 3.97 during the last 24 hours. Upwards movement was expected for the short term. However, I am making a judgement today to swap over the main wave count to the triangle idea for primary wave 4. This upwards movement does not...
by Lara | Jun 12, 2014 | Gold
Slow sideways and upwards movement continued as expected. The main wave count is the same and the triangle wave count is different today. Summary: The correction is still most likely incomplete. I expect a little more upwards movement to 1,271. Thereafter, downwards...
by Lara | May 26, 2014 | GDX |
The structure of the daily chart for GDX looks remarkably similar to Gold. This wave count supports the current wave count for Gold. Click charts to enlarge. The clearest piece of movement is the downwards movement from the high. This looks most like a first, second...
by Lara | May 1, 2014 | Gold |
I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...
by Lara | Apr 28, 2014 | Gold |
Price did not move quite as high as expected at the start of Monday’s session. This changes the wave count. Summary: I expect to see choppy overlapping movement for another one to three days before the downwards trend resumes. This analysis is published about...
by Lara | Apr 17, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement before a new low below 1,282.60, but not below 1,277.79. Price has moved sideways in a small range to complete a small red doji candlestick. The wave count remains valid and the same. Summary: This...
by Lara | Apr 1, 2014 | Gold
Price has moved slightly lower. The target was not reached. I have only one hourly wave count for you today. Summary: Downwards movement may have just ended. A clear breach of the orange channel on the hourly chart is required for confidence in a trend change. This...
by Lara | Mar 26, 2014 | Gold |
Downwards movement was expected. The wave count remains the same. Summary: Momentum has not yet shown an increase, but the third wave has not yet reached its middle. I expect strong downwards momentum for the next day or so. The short term target for the next small...
