by Lara | Jul 19, 2019 | Silver |
Upwards movement continued above 16.195. A target was at 16.600. Upwards movement for the week reached 16.541. Summary: At this stage, some pullback to relive extreme conditions looks likely to have begun on Friday. How low this goes will indicate which wave count,...
by Lara | Jul 19, 2019 | US Oil
A bounce was expected to end very early within the week in the target zone from 60.53 to 61.74. No more upwards movement was seen. Price has turned within this target zone. Summary: A new mid-term target is now at 35.25 for a third wave down. This may exhibit an...
by Lara | Jul 17, 2019 | Gold |
Downwards movement was expected to end within a very few hours after last analysis was published and thereafter to be followed by an upwards breakout. Today price has closed above the upper edge of the pennant pattern, but a lack of support from volume so far is...
by Lara | Jul 16, 2019 | Gold |
The pennant pattern remains valid; the breakout is now expected within the next few hours. The targets calculated from the flag pole of the pennant pattern and from Elliott wave remain the same. Summary: After the breakout from multi year resistance on 20th June,...
by Lara | Jul 15, 2019 | Gold |
A small range day remains within the trend lines of the pennant pattern. The target remains the same. The breakout is expected within the next one to two sessions. Summary: After the breakout from multi year resistance on 20th June, price has curved around to back...
by Lara | Jul 13, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 New highs this week again from the S&P have support from rising market breadth. The Elliott wave count provides targets. Summary: The bull market is expected to continue and corrections are expected to be shallow. A new target for the next reasonable...
by Lara | Jul 12, 2019 | Silver |
A small amount of upwards movement for the week fits both the main bearish Elliott wave count and the bullish Elliott wave count. At this stage, both wave counts expect the same structure is unfolding upwards. Summary: A new low below 14.288 would indicate a third...
by Lara | Jul 12, 2019 | Gold |
A pennant pattern may be completing on the daily chart. A target is calculated from the flag pole. Summary: After the breakout from multi year resistance on 20th June, it was expected that price would curve around and back test support about 1,360 to 1,375. That test...
by Lara | Jul 12, 2019 | US Oil |
Upwards movement for the week was expected to a target zone at 60.53 to 61.74. The high for the week at 60.93 fits this expectation exactly. Summary: The bounce may end now very early next week within the target zone from 60.53 to 61.74. If price comes up to touch the...
