by Lara | Sep 3, 2018 | Gold |
With New York closed because of Labor Day, the markets were quiet. A very small range day closes as a small inside doji candlestick, which does not alter this analysis. Summary: Analysis of GDX, which is bearish, supports the combination wave count for Gold; with...
by Lara | Sep 1, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Last analysis expected for the short term a small amount of downwards movement as most likely to end about 2,892.64. A small downwards day with a low at 2,891.73 fits this expectation almost exactly. Summary: The trend is up. Assume the trend remains the...
by Lara | Sep 1, 2018 | Gold |
Price remains range bound. All Elliott wave counts remain valid. This week’s GDX analysis may indicate which Elliott wave count may be more likely for Gold. Summary: Analysis of GDX, which is bearish, supports the combination wave count for Gold; with confidence...
by Lara | Aug 30, 2018 | Gold |
Downwards movement today fits expectations for GDX and for one of the Elliott wave counts for Gold. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with a new high above 1,216.30. While price remains below 1,216.30,...
by Lara | Aug 29, 2018 | Gold |
For GDX the target remains the same and resistance continues to hold as expected. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with a new high above 1,216.30. While price remains below 1,216.30, it is possible...
by Lara | Aug 28, 2018 | Gold |
Gold remains within a small range of uncertainty, but GDX analysis at this time looks clearer. With resistance holding as expected for GDX, some confidence in the trend and the target may still be had. Summary: It is again possible for Gold that a low may be in place,...
by Lara | Aug 27, 2018 | Gold |
More upwards movement for the short term was expected for both Gold and GDX. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with a new high above 1,216.30. While price remains below 1,216.30, it is possible that...
by Lara | Aug 25, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An extremely likely new all time high for the S&P has been expected. Summary: Expect price to keep moving higher next week. We may not see another consolidation or pullback of reasonable duration until primary wave 3 is complete. The mid to longer...
by Lara | Aug 25, 2018 | Gold |
A strong upwards movement to end the week favours the Elliott wave triangle count. However, to increase the count’s probability, the confidence price point still needs to be passed. Summary: It is again possible for Gold that a low may be in place, but this...
