by Lara | May 17, 2018 | Gold |
Downwards movement came very close to the target on the alternate hourly Elliott wave count. The main Elliott wave counts remain the same. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place now. If price...
by Lara | May 16, 2018 | Gold |
Another slight new low today remains above the invalidation point. Two short term scenarios are presented today. Summary: The target is now 1,416. Strong bullish divergence between price and Stochastics suggests a low is in place now, or very soon indeed with a...
by Lara | May 15, 2018 | Gold |
Last analysis warned it was possible that lows may again be tested, which is what has happened today. The Elliott wave target at 1,295 was inadequate; the low for the day was at 1,288.56. Summary: The target is now 1,418. Strong bullish divergence between price and...
by Lara | May 14, 2018 | Gold |
The hourly chart in last analysis expected a pullback for the short term, which is currently unfolding. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. For the short...
by Lara | May 14, 2018 | Lara's Weekly, Silver
A pullback was expected for the short term. Thereafter, upwards movement has resumed. 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%...
by Lara | May 12, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A strong signal from On Balance Volume adds confidence to the Elliott wave count. Summary: A short term Elliott wave target is 2,744. A short term classic analysis target is 2,811. At about one of these points a small consolidation or pullback may be...
by Lara | May 12, 2018 | Gold |
Upwards movement continues overall as the main Elliott wave count expects. Both the main and alternate Elliott wave counts remain valid. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new...
by Lara | May 11, 2018 | US Oil
Upwards movement continues as the second Elliott wave count expected. 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. A longer term...
by Lara | May 10, 2018 | Gold |
A new high above 1,318.53 provides some confidence in the main Elliott wave count. The target remains the same. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. Always...