by Lara | Sep 9, 2014 | Gold
Price has moved lower which was expected, but the short term target was not met. The wave count remains mostly the same; targets remain the same. Summary: The short term target at 1,241 should be met within 24 hours now. Thereafter, a small upwards correction may last...
by Lara | Aug 23, 2014 | Gold |
Upwards movement was expected for both the main and alternate Elliott wave counts of last analysis. I am adjusting my analysis of most recent movement, and this makes a difference to the confirmation/invalidation point and expectation of when we may have clarity....
by Lara | Aug 9, 2014 | Gold |
Last Elliott wave analysis expected some downwards movement before more upwards movement, but this is not what happened. Price moved higher before turning lower to complete a red doji candlestick for Friday’s session. This changes the wave count slightly, but...
by Lara | Jul 3, 2014 | Gold |
The hourly wave count was invalidated with movement below 1,310.43. As stated in yesterday’s Elliott wave analysis a breach of this invalidation point may be significant at primary wave degree. Summary: At this stage I expect it is likely primary wave 5...
by Lara | Jun 5, 2014 | Gold |
Upwards movement fits the main wave count and invalidated the alternate hourly wave count. Summary: A third wave down may begin from here. The target is 1,206. Movement below 1,241.16 would confirm the third wave has begun; only below that point will I have any...
by Lara | Apr 24, 2014 | Gold |
Price whipsawed to breach the invalidation points on both hourly wave counts. The situation is still unclear. Summary: In the short term I expect to see some more upwards movement. It may end about 1,308 or it may continue higher. If we see a new high above 1,331.29...
by Lara | Mar 10, 2014 | Gold
Price moved lower as expected, but failed to reach the short term targets at 1,319 to 1,316. Downwards movement reached only to 1,328. Both wave counts are still valid but I favour the main wave count strongly. Summary: I expect that we may have just seen a trend...
by Lara | Feb 23, 2014 | Gold |
I had expected a red candlestick for Friday’s session. This is not what happened, but the small green doji fits the wave count and price remains below the invalidation point. The wave count remains the same. Summary: I still expect that there has been a trend...
by Lara | Jan 24, 2014 | Gold |
Yesterday the main hourly wave count expected more upwards movement towards a short term target at 1,270. Price has reached up to 1,272.71 but breached the parallel channel on the hourly chart with downwards movement first. Summary: The situation is still unclear, but...
