by Lara | Mar 19, 2018 | Gold |
Another test of support about 1,310 to 1,305 was expected. This is what has happened. Summary: Expect the upwards swing to resume, which may be choppy and overlapping. The target at 1,391 may be too high; upwards movement may find strong resistance about 1,365 –...
by Lara | Mar 17, 2018 | Gold, Lara's Weekly, 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 | Mar 17, 2018 | US Oil
Another small range week, this time an inside week, does not change the Elliott wave analysis. Summary: The outlook will remain bearish while price remains below 66.65. A new high above 66.65 at this stage would be very bullish. In the short term, still look for a...
by Lara | Mar 17, 2018 | Silver
All three Elliott wave counts remain valid. Classic analysis favours the main Elliott wave count. Summary: Classic analysis favours the main bearish Elliott wave count. Look for a little more downwards movement early next week to be followed by a bounce to about...
by Lara | Mar 17, 2018 | Gold |
Another test of support about 1,310 to 1,305 was expected. This is what has happened. Summary: Expect the upwards swing to resume, which may be choppy and overlapping. The target at 1,391 may be too high; upwards movement may find strong resistance about 1,365 –...
by Lara | Mar 15, 2018 | Gold |
A breach of the channel on the hourly chart indicated more downwards movement was then expected. The target has been adjusted, which is now within a strong support zone. Summary: Look out for another test of support about 1,310 – 1,305. Thereafter, expect the...
by Lara | Mar 14, 2018 | Gold |
A small inside day sees analysis unchanged. The Elliott wave counts remain the same and volume continues to favour the first hourly chart. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target is at 1,391, but this...
by Lara | Mar 13, 2018 | Gold |
Upwards movement continues as this analysis expects. A new alternate hourly Elliott wave count is considered today. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target is at 1,391, but this may be too high. For...
by Lara | Mar 12, 2018 | Gold |
Overall, upwards movement was expected and so far continues with a slightly higher low for Monday. Pullbacks remain above the Elliott wave invalidation point. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target...
