by Lara | Jan 11, 2018 | Gold |
Sideways movement was expected. An inside day for Thursday fits with this expectation. Summary: Look now for price to move either lower for a pullback or sideways for a multi week consolidation that may last about 8 to 12 weeks. If this expectation for duration is...
by Lara | Jan 10, 2018 | Gold |
Price has behaved exactly as yesterday’s first hourly chart expected. A consolidation looks to have arrived. Summary: Look now for price to move either lower for a pullback or sideways for a multi week consolidation that may last about 8 to 12 weeks. If this...
by Lara | Nov 15, 2017 | Gold |
Another slightly higher high and higher low sees price move upwards in slow, choppy overlapping movement. Although price is overall moving higher as has been expected, the choppy overlapping movement is now indicating that this B wave may be a triangle. That...
by Lara | Nov 6, 2017 | Gold |
Before upwards movement this week, another test of lows was expected to be most likely about 1,266. This is exactly how the week has started, with a slight new low to 1,266.25 before price turned sharply upwards. Summary: An upwards swing is expected to continue here...
by Lara | Oct 19, 2017 | Gold |
In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable. Advice is given today on how to manage positions with...
by Lara | Oct 5, 2017 | Gold |
The trend was assumed to remain downwards while price remains within the channel. A new low today continues that trend. Summary: Assume the trend remains down while price remains below 1,272.28 and more importantly while it remains within the channel. The target for...
by Lara | Oct 2, 2017 | Gold |
Downwards movement continues as both Elliott wave counts expected. The target has not yet been met for the first wave count. Summary: The bigger picture sees a pullback continue here to about 1,261. It may be as low as 1,170 – 1,158. A bearish signal today from...
by Lara | Sep 10, 2017 | Gold |
Again, upwards movement continued exactly as expected. A combination of candlestick analysis, volume analysis, RSI, and ADX will be used to identify when the trend is over or a consolidation within it may begin. Summary: The trend remains upwards, but now expect a...
by Lara | Aug 17, 2017 | Gold |
Price has continued to move higher as was expected for the session by both Elliott wave counts. Summary: A short term target is now at 1,307. The final target is still at 1,320. The trend still looks to be upwards. Pullbacks are an opportunity to join the trend....
