by Lara | May 28, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 28, 2021 Although last week completed a Bearish Engulfing candlestick pattern on the weekly chart, this week has followed with upwards movement. However, volume suggests the main Elliott wave count may...
by Lara | May 27, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 27, 2021 A small range day moves price slightly lower. This was expected for the very short term. Summary: The main wave count is bullish. A short-term target is at 1,987. The longer-term target is at...
by Lara | May 26, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 26, 2021 Upwards movement has continued exactly as expected. Price is at the upper edge of the Elliott channel. Summary: The main wave count is bullish. A new short-term target is now at 1,987. The...
by Lara | May 25, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 25, 2021 An Elliott wave triangle was expected to end within 24 hours and an upwards breakout was expected to follow, which is exactly what happened. The triangle ended slightly short of the lower trend...
by Lara | May 24, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 24, 2021 Sideways movement was expected to continue at the start of this week, which is exactly what is happening. Summary: The main wave count is bullish. For the short term, a consolidation may continue...
by Lara | May 21, 2021 | Gold, Lara's Weekly, S&P500, US Oil
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – May 21, 2021 S&P 500 Upwards movement has continued this week as the main Elliott wave count has expected. Summary: The trend is up. The next target for...
by Lara | May 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 21, 2021 The week ends higher, which was expected by the main Elliott wave count. Summary: The main wave count is bullish. For the short term, a consolidation may continue sideways for another few days....
by Lara | May 21, 2021 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 21, 2021 It looks like at the end of this week a Bearish Engulfing pattern may be completing on the weekly chart. There is also a Bearish Engulfing candlestick reversal pattern on the daily chart. This...
by Lara | May 21, 2021 | Silver, Silver Historical
SILVER: Elliott Wave and Technical Analysis | Charts – May 21, 2021 All three Elliott wave counts remain valid. As Friday comes to a close, the weekly candlestick is developing a long upper wick. Summary: The first wave count is bearish for the mid and long...