by Lara | Jul 27, 2019 | Silver
At the end of this week, monthly charts are updated and reviewed for Silver. Summary: At this stage, some pullback to relieve extreme conditions looks likely to have begun. How low this goes will indicate which wave count, bull or bear, would be most likely. The...
by Lara | Jul 27, 2019 | Gold, Gold Historical |
At the end of this week, it is time to review monthly charts for Gold. Three Elliott wave counts are published for monthly charts. Summary: There remains an upwards trend in place at the weekly chart level. This week looks like a counter trend movement. However, the...
by Lara | Jul 26, 2019 | US Oil
Downwards movement with a possible small bounce for a second wave was expected for the week. A small inside week fits the expectation for a small bounce. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an increase in momentum,...
by Lara | Jul 25, 2019 | Gold |
A strong downwards day has push from volume, but price remains above support. All three Elliott wave counts remain valid. Summary: A sharp reversal and bearish candlestick pattern on the daily chart at last week’s high puts the breakout in some doubt. Both...
by Lara | Jul 24, 2019 | Gold |
All three Elliott wave counts remain valid while price remains above 1,346.45. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish case has...
by Lara | Jul 23, 2019 | Gold |
Another small range day remains above support. Both Elliott wave counts remain valid. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish...
by Lara | Jul 22, 2019 | Gold |
A very small range inside day leaves the Elliott wave counts unchanged. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish case has some...
by Lara | Jul 20, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement at the end of Friday’s session remains above the short-term invalidation point and within the short-term best fit channel. However, at the end of the week a pattern on the weekly chart along with the AD line and inverted VIX suggest a...
by Lara | Jul 19, 2019 | Gold |
The first target at 1,452 was almost met this week with a high at 1,450.65. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish case has...