by Lara | Oct 14, 2019 | Gold |
A small range inside day sees all three daily Elliott wave counts remain valid. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be at 1,420. The main Elliott wave count still expects downwards...
by Lara | Oct 12, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 At the end of this week, the AD line gives another signal that strongly supports the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may begin on Monday. Thereafter, the upwards trend may...
by Lara | Oct 11, 2019 | Gold |
Again, downwards movement fits the main Elliott wave count best. Also, at the end of the week, volume supports the main Elliott wave count. All three Elliott wave counts remain valid Summary: A new low below 1,456.64 would provide confidence that the downward trend...
by Lara | Oct 11, 2019 | Silver |
Monthly Elliott wave charts are updated for Silver. Summary: Upwards movement may now resume towards a target at 21.375. This target may be met in about another 7 or 12 weeks. ELLIOTT WAVE COUNTS BEARISH WAVE COUNT MONTHLY CHART Click chart to enlarge. There is less...
by Lara | Oct 11, 2019 | US Oil
The main Elliott wave count expected upward movement for the week, which is exactly what has happened. A large Elliott wave triangle looks to be completing. Summary: The bearish wave count looks most likely to follow a triangle pattern here, with an upwards swing to...
by Lara | Oct 10, 2019 | Gold |
Downwards movement fits the main Elliott wave count best. All three daily Elliott wave charts remain valid. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be at 1,420. A new high above 1,534.62...
by Lara | Oct 9, 2019 | Gold |
More upwards movement was expected for the very short term. This is exactly what is happening. Summary: How price behaves in the next 24 hours may indicate which bearish wave count is correct. A new low below 1,456.64 would provide confidence that the downward trend...
by Lara | Oct 8, 2019 | Gold |
The base channel on the main daily Elliott wave count may show were price finds resistance tomorrow. Summary: For the very short term, expect upwards movement tomorrow to continue to resistance at the upper edge of the base channel. If price gets up to resistance,...
by Lara | Oct 7, 2019 | Gold |
Price remains range bound. All three daily Elliott wave counts remain valid. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be at 1,420. A new high above 1,534.62 would add confidence to a more...
