by Lara | Apr 12, 2018 | Gold |
A downwards reaction was expected after yesterday’s strong upwards movement. This is exactly what has happened. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this swing to move in a straight line. There may be two...
by Lara | Apr 11, 2018 | Gold |
The main hourly wave count expected upwards movement but the target at 1,349 was inadequate. Specific trading advice is given today for GDX, which may have today broken out of a symmetrical triangle structure. Summary: Today’s session looks strongly like a blow...
by Lara | Apr 10, 2018 | Gold |
Upwards movement fits the alternate hourly Elliott wave count. With support now from volume today, the hourly wave counts for the short term picture are swapped over. Summary: A target for upwards movement to end is now at 1,349. Thereafter, expect a downwards swing...
by Lara | Apr 9, 2018 | Gold |
Upwards movement to a target at 1,338 was expected for Monday. So far upwards movement has reached 1,337.79. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support...
by Lara | Apr 7, 2018 | Gold, Lara's Weekly, Public Analysis, S&P500, US Oil
Lara’s Weekly is an end of week Elliott Wave and Technical Analysis of the S&P 500, GOLD, and USOIL that focuses on the mid-to-long-term picture. This analysis service is designed for investors and swing traders. Lara’s Weekly is at this time available to the...
by Lara | Apr 7, 2018 | US Oil |
Downwards movement continued this week exactly as expected. Summary: The target for a new low remains at 13.39. A new low on the way down, below 55.24, would add substantial confidence in a bearish outlook. At least for the short term classic technical analysis...
by Lara | Apr 7, 2018 | Lara's Weekly, Silver
A bounce was again expected, but price continues to move overall sideways. Summary: Look for a bounce to continue to reach above 16.961. The bounce may slightly overshoot resistance to end about 17.109. Thereafter, a new big downwards trend may develop. A new high...
by Lara | Apr 7, 2018 | Gold |
More downwards movement was expected for Friday. The session did begin with a new low, but thereafter a strong bounce completed a green daily candlestick. Members were warned not to expect price to move downwards in a straight line. The bounce remains well below the...
by Lara | Apr 5, 2018 | Gold |
Downwards movement continues as expected, which is choppy and overlapping, which was also expected. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support zone. Do not...
