by Lara | Dec 16, 2019 | Gold, Gold Historical
GOLD: Elliott Wave and Technical Analysis | Charts – December 16, 2019 Price continues sideways. There has as yet been no breakout. Today monthly charts are updated. Summary: The downwards trend may resume to new lows. The Elliott wave target is at 1,348. A...
by Lara | Jul 27, 2019 | Gold, Gold Historical
At the end of this week, it is time to review monthly charts for Gold. Three Elliott wave counts are published for monthly charts. Summary: There remains an upwards trend in place at the weekly chart level. This week looks like a counter trend movement. However, the...
by Lara | Mar 9, 2019 | Gold, Gold Historical
Upwards movement on Friday indicates the first wave down is complete. Fibonacci ratios are used to calculate targets. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be had with a new low below...
by Lara | Sep 21, 2018 | Gold, Gold Historical
An update of monthly charts. Summary: The bigger picture sees Gold as most likely still within a B wave, most likely at cycle degree. Each end of week analysis will look at the various remaining viable structures this B wave may be. This analysis also considers the...
by Lara | Jun 30, 2018 | Gold, Gold Historical
A candlestick pattern on the daily chart in combination with volume analysis indicate the most likely scenario for early next week. Summary: The short term target is at 1,227 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211....
by Lara | Jun 19, 2018 | Gold, Gold Historical
Another new low was expected. This is so far what is happening. The bigger picture is updated today with a new weekly wave count. Summary: In the first instance, look now for support at the black (2)-(4) trend line on the first weekly chart (zigzag). The target for...
by Lara | Jan 27, 2018 | Gold, Gold Historical, Lara's Weekly
Downwards movement still remains contained within the channel and above the short term invalidation point. Sideways movement for Friday leaves the Elliott wave count the same. Summary: The target for this upwards wave to end is at this stage still 1,432. Assume the...
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 15, 2018 | Gold, Gold Historical
All possibilities are considered, and it is time to step back and look at Elliott wave monthly charts. 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 confidence in this view,...
