by Lara | Nov 23, 2019 | Gold |
Downwards movement has continued at the end of the week as the main Elliott wave count has expected. Summary: The downwards trend may resume. The Elliott wave target is at 1,348. A target calculated from the triangle is about 1,431. For the very short term, a new...
by Lara | Nov 23, 2019 | US Oil
Again, an upwards swing within the larger consolidation was expected to continue to reach at least 58.24. The high for the week at 58.74 now meets this requirement. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards...
by Lara | Nov 21, 2019 | Gold |
A bounce was expected to be over at the last high and downwards movement was expected. This is exactly what has happened. Summary: The downwards trend may resume. The Elliott wave target is at 1,348. A target calculated from the triangle is about 1,431. For the very...
by Lara | Nov 20, 2019 | Gold |
The bounce has continued a little higher, remaining below the short-term invalidation point and coming up to almost touch the lower triangle trend line. Summary: The bounce may now be over and the downwards trend may resume. Price is almost right at the lower triangle...
by Lara | Nov 19, 2019 | Gold |
A bounce was expected to continue on up towards a short-term target at 1,483. Price has continued higher reaching 1,475.05. Summary: The bounce may now be over and the downwards trend may resume. The Elliott wave target is at 1,348. A target calculated from the...
by Lara | Nov 18, 2019 | Gold |
A small bounce remains below resistance. The Elliott wave targets remain the same. Summary: This bounce may end in one more session about 1,483. Thereafter, the downwards trend may resume. The Elliott wave target is at 1,348. A target calculated from the triangle is...
by Lara | Nov 15, 2019 | Silver |
All three Elliott wave counts remain valid. Volume still strongly supports the main Elliott wave count. Summary: Overall, expect downwards movement as most likely to continue. The next target is at 15.385. If the current small bounce continues higher, then it should...
by Lara | Nov 15, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another strong upwards day continues price towards the Elliott wave target. Summary: The next target at 3,179 is where minor wave 4 may begin (expect it to be very shallow). Thereafter, the next target is at 3,302 and then 3,336. Three large pullbacks or...
by Lara | Nov 15, 2019 | Gold |
A bounce was expected to most likely be over. An inside day with overall downwards movement within the session fits this expectation. Summary: The downwards trend may resume next week. The Elliott wave target is at 1,348. A target calculated from the triangle is about...
