by Lara | Jul 3, 2019 | Gold |
A small range day remains just below the last high. All Elliott wave counts remain valid. Summary: Price has come down to test support at prior resistance just above 1,375 and bounced up strongly from there. The bounce looks strong enough to suggest the back test may...
by Lara | Jul 2, 2019 | Gold |
The last high remains in place. All three Elliott wave counts at the daily chart level remain valid. Classic technical analysis favours the alternate Elliott wave count. Summary: Price has come down to test support at prior resistance just above 1,375 and bounced up...
by Lara | Jun 29, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small upwards day fits expectations for the short term. At the end of the week, volume and breadth are pointing to the direction for next week. Summary: The upwards trend is expected to fairly likely resume with strength next week. The pullback may be...
by Lara | Jun 29, 2019 | Silver |
A small range inside week sees both Elliott wave counts unchanged. Price remains well within the channel on the daily chart for the bullish wave count. Summary: A target for this upwards movement to end is now at 16.30 (classic analysis) or 16.600 (Elliott wave). If...
by Lara | Jun 29, 2019 | US Oil |
Last week’s summary expected price to continue overall higher towards 60.53. The high for the week is at 59.93. Summary: Some sideways or downwards movement may unfold next week for a B wave. Thereafter, an upwards movement may end if price comes up to reach the...
by Lara | Jun 28, 2019 | Gold |
Price remains below the invalidation point on the preferred hourly Elliott wave chart. At the end of this week, volume suggests the direction for next week. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may...
by Lara | Jun 27, 2019 | Gold |
More downwards movement fits the short-term expectation for both Elliott wave counts. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may continue higher towards 1,565 for the bullish Elliott wave count. A new low by...
by Lara | Jun 26, 2019 | Gold |
A little more downwards movement leaves both Elliott wave counts valid. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may continue higher towards 1,565 for the bullish Elliott wave count. A new low by any amount at...
by Lara | Jun 25, 2019 | Gold |
The bullish and bearish Elliott wave counts now may diverge. A clear price point differentiates the two ideas. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may continue higher towards 1,565 for the bullish Elliott...
