by Lara | Sep 27, 2019 | Gold |
Again, downwards movement was expected. For the short term, a bounce was expected to begin about the lower edge of the channel on hourly charts. This is what happened at the end of Friday’s session after downwards movement. Summary: A short-term target may now...
by Lara | Sep 27, 2019 | Silver |
Downwards movement was again expected as overall for Silver. The week ended strongly lower with a red candlestick with a long upper wick. Summary: A large multi-week pullback looks likely to continue. Look for support at the lower edge of the Elliott channel on the...
by Lara | Sep 27, 2019 | US Oil |
A consolidation was expected to continue. Price remains range bound. Summary: A consolidation is expected to most likely continue sideways for a few more weeks. Resistance is about 66.59 and support is about 50.53. The breakout is expected to most likely be downwards....
by Lara | Sep 26, 2019 | Gold |
More downwards movement was expected. Price has moved very slightly lower to complete a small range day, which remains well below the short-term invalidation point. Summary: A short-term target may now be at 1,464 or 1,420. A classic analysis target using the flag...
by Lara | Sep 25, 2019 | Gold |
A bounce was expected to end soon, and the downwards trend was expected to thereafter resume. Strong downwards movement today indicates the bounce is over. Summary: A short-term target may now be at 1,464 or 1,420. A classic analysis target using the flag pattern is...
by Lara | Sep 24, 2019 | Gold |
A bounce was expected to continue up to about 1,529. The high for this session was at 1,534.62. Summary: The bounce may continue a little higher to about 1,538 before the downwards trend resumes. The bearish Elliott wave count expects a new downwards trend to last one...
by Lara | Sep 23, 2019 | Gold |
To begin the week a bounce was expected to continue upwards to about 1,529. Upwards movement for Monday has reached 1,525.91. Summary: The bounce may continue up to about 1,529 before the downwards trend resumes. The bearish Elliott wave count expects a new downwards...
by Lara | Sep 21, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement for Friday was expected for the short term. This week saw price move upwards as expected, with a higher high and a higher low. Summary: This week comes with more upwards movement and new all time highs from the AD line and On Balance...
by Lara | Sep 20, 2019 | Silver |
Overall, downwards movement was expected for the week for Silver. An inside week sees price move sideways, remaining constrained within support and resistance. Summary: A trend change to a large multi week consolidation looks highly likely to have begun. Look for...
