by Lara | Jan 23, 2018 | Gold |
At least a little upwards movement to a target at 1,339 was expected. Upwards movement has unfolded to reach 1,342.08 so far. Summary: The main wave count expects a trend change to a new bear market to last one to several years, and the target is 470. However, for the...
by Lara | Jan 22, 2018 | Gold |
Sideways movement continues. The short term picture at the hourly chart level is now changed with changing market conditions. With the high remaining in place, the main wave count is the same at the daily chart level. Summary: The main wave count expects a trend...
by Lara | Jan 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil, US Oil Historical |
GOLD ANALYSIS Summary: The main wave count expects a trend change to a new bear market to last one to several years, and the target is 470. A new low below 1,324.93 now offers further confidence in this view. Full confidence may be had in the new bear market if price...
by Lara | Jan 20, 2018 | Gold |
Downwards and sideways movement to end the week fits the main wave count. But while price action so far looks right, this main wave count does not have support from classic analysis at the end of this week. Two alternates are considered. Summary: The main wave count...
by Lara | Jan 18, 2018 | Gold |
Price continues to move slowly lower as the main wave count expects it to. Summary: The main wave count expects a trend change to a new bear market to last one to several years, and the target is 470. A new low below 1,324.93 now offers further confidence in this...
by Lara | Jan 17, 2018 | Silver |
It is time to step back and look at monthly charts for Silver, including a new alternate that is in line with Gold analysis. Summary: A small downwards wave to about 16.686 – 16.617 is expected, then a final last upwards thrust to a new high above 17.330. At...
by Lara | Jan 17, 2018 | Gold, Gold Historical |
Again, price has moved lower as the main wave count expected it to. A breach of the channel adds a little confidence, but the confidence price point has not yet been passed. Alternates should still be considered. Summary: The main wave count expects a trend change to...
by Lara | Jan 16, 2018 | Gold |
Price has moved lower as the main wave count has expected, but it has still not broken out of the channel nor passed the confidence point. Alternates are still considered. Summary: The main wave count expects a trend change to a new bear market to last one to several...
by Lara | Jan 16, 2018 | US Oil
Price has continued higher towards the new target, which has not been met yet. Summary: The target for upwards movement to end is now at 67.86. If this target is wrong, it may now be too high. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE COUNT Click...
