28 January 2014 - Lara's analysis. [youtube]http://www.youtube.com/watch?v=2nj06rfAraM[/youtube] Comparison to Kitco Au chart. http://www.kitco.com/LFgif/au2014.gif
Gold Elliott Wave Technical Analysis - 6th February, 2014 [youtube]http://www.youtube.com/watch?v=mhStrUwSfgg[/youtube] http://www.kitco.com/scripts/hist_charts/monthly_graphs.plx
No not at all "L" Elliot wave is an analysis of probability...it's a tool for some folk...it doesn't mean 100% Bullish or Bearish sentiment, just a tool for some folk so I've just been adding "one" ladies (lara's) analysis to see how it stands the test of time for 12 months or so. Also...the idea was to have a series of easily accessible charts on a single thread Cheers H
Gold Elliott Wave Technical Analysis - 18th February, 2014 [youtube]http://www.youtube.com/watch?v=PSa6MzyMCj8[/youtube] http://www.kitco.com/scripts/hist_charts/monthly_graphs.plx
Gold Elliott Wave Technical Analysis - 4th March, 2014 Lara says...the situation is un-clear but....... [youtube]http://www.youtube.com/watch?v=O2yrH_v6ZYw[/youtube] http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
Gold Elliott Wave Technical Analysis - 11th March, 2014 $1390 and perhaps a dip from there. [youtube]http://www.youtube.com/watch?v=QFUfDP3dAcw[/youtube] http://www.kitco.com/market/ http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
Gold Elliott Wave Technical Analysis - 25th March, 2014 On the money downwards ....37secs [youtube]http://www.youtube.com/watch?v=F8vA23263yQ[/youtube]
H dont you agree that the current spot gold being pounded much harder by these gorillas rather than silver? OR the silver is lagging? hmmmm
The last 12 months of Elliot wave predictions are just "one" analysts opinion and... as we know, Elliot Wave analysis is a prediction just as folk can make predictions using their preferred method of trading. The thread has been fun to share and of course there's been times when I have watched this particular (Lara) become somewhat excited with an expected return to a bull-run that may last for years; it hasn't happened. People can predict the gold and silver price and there's folk like Peter Schiff who provide logical argument "why" the gold and silver price will rise; Peter's short term predictions have been wrong but his long-term predictions may be correct. Logic has no place in trading. The problem for many folk is the time frame and what they are trading in...paper, physical, numismatics or a combination of each or are they just stacking just as a squirrel, caches for when food is scarce? No one can predict the future but you can use history as your guide. No one knows the time frame for events but...history shows that event's happen within a split-second or are a drawn-out and protracted time frame; as humans, we all have to look at our "life" time-frame and try to make sure your financial security is commensurate with your life and family goals. Historical prices for gold and silver using Elliot Wave analysis is just one method of providing another tool to make a decision. imo, if you think metal is at a price you are happy with buy and if not, don't, above all, know why you are buying, holding, selling or hoarding. So to conclude, we know things are crook in the world, we know that world events can change quickly and to have some of your wealth allocated to physical metal cannot hurt. H
Agree Holdfast. I am always aware that we're talking about a (100 to 1) leveraged product that is being traded in a paper casino. I've noticed that premiums don't much alter for physical and I think, as India has shown, that when PMs are needed, and when 'only physical' PMs are wanted, then the premium accounts for a lot of those 'meteoric rises' one sees predicted. It's an interesting exercise watching the graphs go up and down (and sideways!) but for anyone who believes in the product, I don't think they mean much overall.
September typically brings a bit of a rally in the gold price. (That's why Perth launch their bullion programme early Sep through to Nov.) Check monthly sales volume for Perth here: http://www.perthmintbullion.com/Blog/au/Blog.aspx Newcrest are betting Au will be about 1250 - 1300USD. Others are saying 2015 could be good for gold. I think some folk are waiting to see what happens with the LBMA. Some folk are waiting for news this Friday from Yellen. Who knows??? PS: Lara is confused! PSS. The GSR is just under 67; better off buying silver than gold.
I recalled in the past that pre lunar launch (Aug), gold usually rallied but this year, it seems gone to south. Yes, under current GSR 67, Silver is very very appealing but IF the shiny gold metal sits at price 1250 (if does happens) it will be a hard temptation [LD]
