by Lara | May 1, 2018 | Gold |
The target for downwards movement to end, if it continued for one more day, was 1,306. This target has been exceeded by 4.15. Summary: It looks like a low is in place today. Price has closed within support and Stochastics is oversold and exhibits bullish divergence....
by Lara | Apr 30, 2018 | Gold |
The target for a downwards swing to end was about 1,306. Today price moved lower to reach 1,310. Summary: The downwards swing may be over at today’s low. In the first instance, a new high above 1,320.61 would offer confidence a low is in place. Reasonable...
by Lara | Apr 29, 2018 | Lara's Weekly, Silver |
The upwards breakout noted last week has turned out to be false. Price is back within the consolidation zone. Summary: There is more support from volume for upwards movement. Look out for another upwards breakout next week. A new high now above 17.331 would offer...
by Lara | Apr 28, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price gapped higher but did not reach the short term target before turning a little lower in a mostly sideways day for Friday. At the end of this week, there are signals from On Balance Volume, the AD line, and VIX that support the Elliott wave counts....
by Lara | Apr 28, 2018 | US Oil |
A small inside week closing as a doji saw only sideways movement from Oil. This leaves the analysis the same. Summary: Classic technical analysis remains overly bullish. There is an upwards trend in place. Pullbacks are an opportunity to join the trend. At this stage,...
by Lara | Apr 28, 2018 | Gold |
At least two different structures for this consolidation remain valid. The target remains the same. Summary: For the short term, price may move higher to begin the new week to above 1,332.34 but not above 1,333.84. Alternatively, it may just move sideways for a few...
by Lara | Apr 26, 2018 | Gold |
Downwards movement towards the target continues exactly as expected. Summary: The target zone for this downwards swing to end is now at 1,306 to 1,302. It may end tomorrow. At its end this downwards swing may offer a very good entry point for a long position prior to...
by Lara | Apr 25, 2018 | Gold |
Downwards movement was expected as likely, and this is what has happened. The target remains the same. Summary: The target zone for this downwards swing to end is now at 1,306 to 1,302. At its end this downwards swing may offer a very good entry point for a long...
by Lara | Apr 24, 2018 | Gold |
Last analysis expected that a small bounce may have begun. A green daily candlestick today fits this expectation exactly. Summary: The target zone for this downwards swing to end is now at 1,306 to 1,302. The bounce which unfolded today may be complete. If it is not...
