by Lara | Aug 20, 2019 | Gold |
Price continues to be range bound. A reliable continuation pattern, a pennant, may be forming. The flag pole is used to calculate a target. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves...
by Lara | Aug 19, 2019 | Gold |
To start the new week downwards movement was expected for both bullish and bearish Elliott wave counts. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a considerable distance further, or...
by Lara | Aug 18, 2019 | Silver
Last analysis expected more upwards movement this week for both Elliott wave counts. This is what has happened. Summary: If price makes a new high by any amount at any time frame above 17.680, then only the very bullish Elliott wave count would remain. The target...
by Lara | Aug 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very...
by Lara | Aug 16, 2019 | Gold |
Upwards movement for the week leaves three Elliott wave counts valid. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a considerable distance further, or a trend change may occur at any...
by Lara | Aug 16, 2019 | US Oil
Downwards movement has again continued as both Elliott wave counts expected for this week. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an increase in momentum, and may end with a capitulation spike. The final target is...
by Lara | Aug 15, 2019 | Gold |
A small range day has not managed to make a new high. Declining ATR and light volume still suggest some consolidation may unfold here. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a...
by Lara | Aug 14, 2019 | Gold |
An inside day leaves both bullish and bearish Elliott wave counts the same. A new short-term hourly chart is provided. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a considerable...
by Lara | Aug 13, 2019 | Gold |
The first target given in yesterday’s analysis on the hourly chart was at 1,532. Price reached 1,533.24 and then turned sharply down. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves...
