by Lara | May 26, 2018 | Gold |
A signal from On Balance Volume at the end of this week now offers support to the main Elliott wave count at weekly and daily time frames. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower...
by Lara | May 24, 2018 | Gold |
Strong upwards movement fits the main Elliott wave count. This was expected to show up sometime this week or early next week. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks,...
by Lara | May 23, 2018 | Gold |
An outside day fits both short term Elliott wave counts. On Balance Volume should give a signal in one or two more sessions. This may add a little clarity to the short term expectations. Summary: The target is now 1,411. Triple bullish divergence between price and...
by Lara | May 22, 2018 | Gold |
Upwards movement has continued as the main Elliott wave count expected. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a low may be in place here or very soon. If...
by Lara | May 21, 2018 | Gold |
The main Elliott wave count expected upwards movement to begin the new trading week. The session began with a slight new low, and then price strongly rebounded to print a green candlestick with a very long lower wick. Summary: The target is now 1,411. Triple bullish...
by Lara | May 20, 2018 | Lara's Weekly, Silver
Silver remains range bound. All Elliott wave counts remain valid. Summary: The target is at 19.593 or 20.395. An upwards trend is expected to develop. Use pullbacks as opportunities to join the trend. Always trade with stops, and invest only 1-5% of equity on any one...
by Lara | May 19, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another signal from the AD line to end the trading week gives strong confidence in the Elliott wave analysis. In light of recent signals from the AD line and On Balance Volume, it is time to step back and look again at monthly charts for the Elliott wave...
by Lara | May 19, 2018 | Gold |
Friday moved price a little higher. The main Elliott wave count remains correct so far. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place here or very soon. If price continues lower, a target is now at...
by Lara | May 18, 2018 | US Oil
Last analysis expected more upwards movement for the week, which is what has happened. Summary: Classic technical analysis remains overly bullish. There is an upwards trend in place. Pullbacks are an opportunity to join the trend. The mid term target is now at 97.92....
