Gold: Extra Video - Working out a new Elliott wave count

It's a bit short because it didn't take long, but I just videoed the process I went through to see if an immediately bullish wave count for Gold would fit and meet all Elliott wave rules.

It does.

[topraginsesi]

Hi Miss Lara, Espacially, We have to thank you because of you make supportive and result oriented analysis. Thanks a lot, and have a good year for you and for your family. Regards.

[worldsport_]

Finally, you allowed the comments section <3 just want to say you're an astonishing analyst ...keep the good work up!...could u do more updates on BITCOIN please ? ....thank u in advance .

[bayannabeel]

Hi, may i ask about this platform/ application name?

[Timo-uvoj]

Thank you!!! Can you also do TA of Nasdaq’s Index??

[Mdgt]

As someone who's time horizon is months to years I find your videos a refreshing reprieve from the typical day trader or swing trader oriented take of the markets. I position for secular trends and your take on oil greatly influenced my positioning in to commodities (DBC) as part of my portfolio. You're no nonsense, brass tacks, open mind and let the charts and markets speak approach is great!

[endahrahmawati]

Will Gold go down first to the price of the $1860s or will it immediately rise to the price of $ 1898 - 1932 -2115 ?

[josephgarner]

I produce Elliott wave charts as part of my job and I have to say that you're one of the few fellow Elliotticians on the internet that I bother to follow as most others are rubbish. My current primary / main bullish wave count on gold is different from your one though. I'm seeing the November 30th low as the completion of what is probably a WXY complex correction following the new all-time high. But I'm viewing this correction as the completion of a wave 4 at intermediate and not cycle degree. Maybe that is why you're seeing such a disparity in time elapsed between your cycle waves 2 and 4 ? The Japanese candlestick on December 1st was not only an engulfing bullish but also a marubozu and this "double" candlestick signal would seem to suggest a major wave change at this point. It is still possible of course that the price rise from December 1st is only a X wave and not the beginning of intermediate wave 5.

[dougharris]

Hi Lara I like this way viewing your analysis could I ask what software you use