by Lara | Dec 24, 2016 | Gold |
Another very small range day completes a small doji candlestick. This fits neatly with the expectations short term for the Elliott wave count. Summary: It still looks like another new low may unfold before Gold either turns or begins a time consuming consolidation....
by Lara | Nov 9, 2016 | Gold |
Upwards movement fell just short of the upper confirmation / invalidation point. Both Elliott wave counts remain valid. Summary: A consolidation is expected to move sideways now for about three weeks. This may be a B wave within a B wave, which do not present good...
by Lara | Nov 3, 2016 | Gold |
The main hourly Elliott wave count expected a fourth wave correction to end within a range of 1,291.63 to 1,285.41. Downwards movement for the session ended at 1,286.17. Thereafter, price has turned upwards as expected. Summary: A fifth wave up may be beginning. The...
by Lara | Oct 10, 2016 | Gold |
Upwards movement was expected for Monday. The alternate II Elliott wave count now begins to diverge from the main Elliott wave count at the hourly chart level, so hourly charts will be provided for both today. Summary: At this stage, the alternate II Elliott wave...
by Lara | Sep 26, 2016 | Gold |
Mostly sideways movement was expected for Monday. A green daily doji candlestick fits expectations perfectly. Summary: The short term target is at 1,344. The next daily candlestick is expected to be green, and this is supported by a bullish signal today from On...
by Lara | Aug 16, 2016 | Gold |
Upwards movement was again expected for the session. Summary: The target for the main wave count remains at 1,582. Substantial confidence in the main wave count may now be had if price can move above 1,366.87. A new low below 1,310.84 would invalidate the main wave...
by Lara | Aug 10, 2016 | Gold |
Again, upwards movement was expected. Summary: The trend is up. The target remains at 1,582. Further and substantial confidence may now be had in the trend and targets if price can move above 1,366.87. A new low below 1,310.84 would invalidate the main wave count and...
by Lara | Jul 27, 2016 | Gold |
Again, upwards movement was expected. A new high above 1,333.66 added further confidence to the main Elliott wave count. The target remains the same. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no...
by Lara | Jun 14, 2016 | Gold |
Yesterday’s analysis expected one more high to 1,289. Price moved up to a high at 1,289.59 for the session. Summary: The trend is tired but may still not be over even though the channel is breached. Another high to 1,300 may still unfold. Trading advice: This...
