by Lara | Sep 22, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement for the week to new all time highs was expected for the main Elliott wave count. Also, upwards movement for the week has invalidated the alternate Elliott wave count. When alternate wave counts are invalidated, then more confidence may be...
by Lara | Sep 21, 2018 | Gold |
Downwards movement was expected as imminent, which is what has happened for Friday. Summary: A small Elliott wave triangle looks like it may be complete now for Gold. A downwards breakout looks to be underway. Further confidence in this may be had if price closes...
by Lara | Sep 21, 2018 | Gold, Gold Historical |
An update of monthly charts. Summary: The bigger picture sees Gold as most likely still within a B wave, most likely at cycle degree. Each end of week analysis will look at the various remaining viable structures this B wave may be. This analysis also considers the...
by Lara | Sep 20, 2018 | Gold |
Price remains range bound. A breakout should come tomorrow or early next week. On Balance Volume shall be watched carefully; it may give a signal prior to a breakout. Summary: A small Elliott wave triangle looks like it may be very close to completion now for Gold....
by Lara | Sep 19, 2018 | Gold |
Price continues to move sideways all week, which is what the preferred Elliott wave count expected. The breakout is still expected to be in the same direction, and this has support from volume analysis. Summary: A small Elliott wave triangle looks like it may be very...
by Lara | Sep 18, 2018 | Gold |
A small doji candlestick continues sideways movement. The expected direction for the breakout from this small consolidation is still the same. Summary: A small Elliott wave triangle looks like it may be very close to completion now for Gold. Look out for a downwards...
by Lara | Sep 17, 2018 | Gold |
Sideways movement continues as the preferred Elliott wave count expects. Summary: A small Elliott wave triangle looks like it may be very close to completion now for Gold. Look out for a downwards breakout. When price breaks below the lower edge of the triangle trend...
by Lara | Sep 15, 2018 | Gold, Lara's Weekly, S&P500, US Oil
S&P 500 Upwards movement continues as expected. On Balance Volume this week gives important signals on the daily and weekly charts. Summary: The pullback looks like is over. On Balance Volume makes new all time highs this week on the daily and weekly charts; this...
by Lara | Sep 14, 2018 | Gold |
Sideways movement this week continued for Gold exactly as expected. All four weekly Elliott wave counts will again be reviewed at the end of this week. Summary: The trend is down and may not be complete for Gold. Expect some more sideways movement before the trend...
