by Lara | Mar 5, 2019 | Gold |
Price continues lower as the Elliott wave counts expect. Today volume and ATR suggest this may end soon. Resistance is identified for a potential bounce. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend...
by Lara | Mar 4, 2019 | Gold |
Downwards movement continues as all three Elliott wave counts expected. Summary: The long-term target is now calculated at 473. Confidence in this target may be had with a new low below 1,160.75. For the short term, expect downwards movement to continue. It may...
by Lara | Mar 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has overall continued as the week expected, but the weekly candlestick has closed as a doji and price ended the week with mostly sideways movement. Summary: The bottom line at the end of the week is price is range bound. To indicate the...
by Lara | Mar 1, 2019 | Gold |
Downwards movement has continued exactly as the preferred Elliott wave count expected for the week. Summary: The long term target is now calculated at 473. Confidence in this target may be had with a new low below 1,160.75. For the short term, expect downwards...
by Lara | Feb 28, 2019 | Gold |
The preferred Elliott wave count expected price to continue lower, which is exactly what has happened. A channel was used on the hourly chart to indicate where bounces may find resistance, and this has almost perfectly shown where the high for the session ended before...
by Lara | Feb 27, 2019 | Gold |
Downwards movement continues as the bigger picture for the Elliott wave count expected, although a small bounce up to 1,337 was expected first. Summary: Both a Shooting Star on the weekly chart and an Evening Star on the daily chart indicate a high may be in place....
by Lara | Feb 26, 2019 | Gold |
Price has again moved sideways, which overall fits the expectations for the Elliott wave count. Summary: Both a Shooting Star on the weekly chart and an Evening Star on the daily chart indicate a high may be in place. Next, a close below support at 1,300 and a breach...
by Lara | Feb 25, 2019 | Gold |
Overall, the week has begun with some sideways movement. For the short term, this is what the preferred Elliott wave count expected. Summary: Both a Shooting Star on the weekly chart and an Evening Star on the daily chart indicate a high may be in place. Next, a close...
by Lara | Feb 23, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continues as last analysis expected it to. Summary: Upwards movement is slowing now it has reached a strong zone of resistance about 2,800 to 2,815. A new first target for the trend to be interrupted is at 2,814. If price reaches 2,814...
