by Lara | Aug 23, 2018 | Gold |
Some downwards movement was expected for Gold and that is what has happened for the short term for both wave counts, which are now being followed on a daily basis. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with...
by Lara | Aug 22, 2018 | Gold |
Upwards or sideways movement was again expected for both Gold and GDX. A small doji candlestick that moved price slightly higher on both fits this expectation. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with a...
by Lara | Aug 21, 2018 | Gold |
Today more upwards movement was expected for Gold and either upwards or sideways movement for GDX. With Gold moving slowly higher and GDX moving slightly higher, this is exactly what has happened. Summary: With support from volume, GDX has effected a downwards...
by Lara | Aug 20, 2018 | Gold |
Upwards movement was expected to begin the week for both Gold and GDX. This is exactly what has happened. Summary: With support from volume, GDX has effected a downwards breakout from a very long held consolidation (beginning December 2016). The long term target is at...
by Lara | Aug 19, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Another upwards day fits expectations for the short term picture. At the end of this week, strong signals from the AD line reinforce the long term Elliott wave count. Summary: Overall, it still looks most likely that a small Elliott wave triangle may...
by Lara | Aug 17, 2018 | Gold |
GDX and Gold both continued lower for the week as expected. With Gold now having developed an extreme downwards trend, candlestick reversal patterns may be used as warnings that the trend may either end or be interrupted by a consolidation to relieve extreme...
by Lara | Aug 16, 2018 | Gold |
More downwards movement for both Gold and GDX has unfolded exactly as expected. The short term target for GDX was 18.17. A low today for GDX at 18.15 met and slightly exceeded the target. Summary: With support from volume, GDX has effected a downwards breakout from a...
by Lara | Aug 15, 2018 | Gold |
Again, downwards movement continues for both Gold and GDX as last analysis expected. New targets are calculated for Gold and GDX. The long term target for GDX remains the same. Members are given some advice on how to manage short positions for GDX today. Summary: With...
by Lara | Aug 14, 2018 | Gold |
Downwards movement continues for both Gold and GDX as last analysis expected. A new target is calculated for Gold. Targets for GDX remain the same. Summary: With support from volume, GDX has effected a downwards breakout from a very long held consolidation (beginning...
