by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 11, 2014 | Gold |
The main wave count expected upwards movement which is what we have seen. The wave count remains the same. Summary: I expect that we have seen a trend change back to the upside. Movement above 1.353.07 would confirm this. The mid term target is at 1,390 for upwards...
by Lara | Mar 3, 2014 | Gold
Movement above 1,333.02 invalidated the hourly wave count. Upwards movement was not expected for Monday’s session. The wave count is changed. Summary: Minor wave A is continuing higher. The target at 1,377 – 1,380 may be met within two days. This analysis...
by Lara | Feb 25, 2014 | Gold
Again upwards movement was not expected, although it was allowed for and has not invalidated the wave count. I had expected a B wave to begin or be very close to beginning. It is not here yet. The wave count is changed. Summary: The structure within minor wave A most...
by Lara | Feb 17, 2014 | Gold
Upwards movement continued to reach 1,329.95, just 5 cents below the target at 1,330. I have two hourly wave counts for you today. This analysis is published about 03:35 p.m. EST. The wave count remains the same. Summary: It is likely that upwards movement is over in...
by Lara | Feb 1, 2014 | Gold
More downwards movement was expected for Friday. Price moved sideways completing a doji candlestick on the daily chart and the invalidation point on the hourly chart was not breached. The wave count remains the same. Summary: Downwards movement is still not over. The...
by Lara | Jan 29, 2014 | GDX |
The data for this market has many gaps, and the structures are not entirely typical looking Elliott wave structures. Although there are some Fibonacci ratios, they are not as prevalent as ratios within Gold. I am only able to import daily data, and I cannot check...
by Lara | Jan 16, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement towards a short term target at 1,246 to be followed by downwards movement. Price moved higher to reach 1,245.40. It may have turned there. The next downwards wave was expected to be over by now but it is...
by Lara | Jan 14, 2014 | Gold
Last analysis expected one or two more days of upwards movement towards a target at 1,280. This is not what happened. Downwards movement has breached the parallel channel on the hourly chart, and invalidated the main wave count at the hourly chart level. The wave...
