by Lara | Sep 13, 2018 | Gold |
A bounce for GDX and sideways movement for Gold were expected. So far both GDX and Gold are meeting expectations. Summary: The trend is down and may not be complete for Gold. Expect some more sideways movement before the trend continues. The target for Gold is now at...
by Lara | Sep 12, 2018 | Gold |
Sideways movement continues within a small range. Within this range, volume and On Balance Volume may assist to indicate the most likely breakout direction. GDX is bouncing exactly as expected. Some specific advice on what to look out for today is given to members...
by Lara | Sep 11, 2018 | Gold |
Downwards movement continues to unfold slowly as both Elliott wave counts expect, at least for the short term. Summary: The trend is down and may not be complete for Gold. Expect some more downwards movement this week, although it is possible price may move sideways...
by Lara | Sep 10, 2018 | Gold |
For the short term, the two preferred Elliott wave counts (combination and triangle) expected downwards movement to begin the new trading week. So far that is what is happening. Summary: The trend is down and may not be complete for Gold. Expect some more downwards...
by Lara | Sep 8, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Volume and ATR are used in this end of week analysis to analyse downwards movement for strength or weakness. Both Elliott wave counts remain valid, and there is a clear price point which differentiates them. Summary: The probability of the bearish wave...
by Lara | Sep 8, 2018 | Gold |
All four Elliott wave counts are reviewed in today’s end of week analysis. Summary: The trend is down and may not be complete for Gold. Expect some more downwards movement next week, although it is possible price may move sideways for another week or so to...
by Lara | Sep 6, 2018 | Gold |
GDX continues to move towards the short term target at 17.37. Gold looks to be neutral short term, with conflicting bullish and bearish indicators. Summary: GDX analysis remains bearish for the bigger picture, but now strong bullish divergence and a little weakness in...
by Lara | Sep 5, 2018 | Gold |
GDX continues to move lower as expected, and is now close to the short term target at 17.37. Summary: GDX analysis remains bearish for the bigger picture, but now strong bullish divergence and a little weakness in volume today suggest another bounce here or very soon....
by Lara | Sep 4, 2018 | Gold |
Downwards movement was expected this week for Gold, which is exactly what is happening. Summary: Analysis of GDX, which is bearish, supports the combination wave count for Gold; with confidence in the analysis of GDX, the combination wave count has a higher...
