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,...
