by Lara | Oct 3, 2018 | Gold |
Price remains range bound. On Balance Volume may give a signal in the next very few days. Summary: Price is range bound with resistance about 1,220 and support about 1,185. It is an upwards day now that has the strongest volume within the consolidation, suggesting an...
by Lara | Oct 2, 2018 | Gold |
The ascending triangle pattern has not resulted in a clear breakout, so it is discarded. Four Elliott wave counts remain valid. Two hourly charts are provided for members today. Summary: Price is range bound with resistance about 1,220 and support about 1,185....
by Lara | Oct 1, 2018 | Gold |
Upwards movement was expected to be limited, and so far this is what is happening. Summary: There are at this time multiple alternate wave counts because of the expectation that a cycle degree b wave is unfolding. At this time, it may be best to use classic technical...
by Lara | Sep 29, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 It was expected for Friday that price may move lower, which is what happened. Summary: At this stage, it would be best to let price tell us if primary wave 3 is over or not. Long upper candlestick wicks and a bearish short term volume profile support the...
by Lara | Sep 29, 2018 | Gold |
After a five down from an Elliott wave triangle, a three up was expected to develop. This is what happened on Friday. Summary: There are at this time multiple alternate wave counts because of the expectation that a cycle degree b wave is unfolding. At this time, it...
by Lara | Sep 27, 2018 | Gold |
Last analysis expected a downwards breakout from a small Elliott wave triangle was underway, which is exactly what is happening. Summary: There are at this time multiple alternate wave counts because of the expectation that a cycle degree b wave is unfolding. At this...
by Lara | Sep 26, 2018 | Gold |
Price remains range bound. Volume analysis is used to indicate the most likely breakout direction. Summary: A small Elliott wave triangle looks like it may be complete for Gold. A downwards breakout is expected to be underway. Further confidence in this may be had if...
by Lara | Sep 25, 2018 | Gold
Another small range inside day sees the Elliott wave counts very slightly adjusted, but this makes little difference to the short term expectation and no difference to the mid or long term expectation. The breakout direction is still expected to be the same. Summary:...
by Lara | Sep 24, 2018 | Gold |
A small range inside day does not change the Elliott wave counts. All three daily Elliott wave counts remain valid. Volume today supports the main Elliott wave count. Summary: A small Elliott wave triangle looks like it may be complete now for Gold. A downwards...
