by Lara | Jul 23, 2018 | Gold |
Upwards movement has unfolded for Monday although the candlestick closes red. Upwards movement is what was expected. Summary: It still looks very likely that a low is in place for Gold for the short to mid term. A bounce up now to about 1,307 is expected to last a few...
by Lara | Jul 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A very short range inside day does not change the Elliott wave count. Price remains within the channel and above the short term invalidation point. At the end of the week, on the weekly time period, new signals from On Balance Volume and the AD line give...
by Lara | Jul 21, 2018 | Gold |
Technical analysis at the end of this week focuses on candlestick patterns along with a very few key indicators. A strong pattern at the end of the week suggests the direction for next week for Gold. Summary: It looks very likely that a low is in place for Gold for...
by Lara | Jul 19, 2018 | Gold |
Downwards movement has continued. Price is now within the target zone. Two short term hourly Elliott wave counts outline two possibilities for the next 24 hours. Summary: While price remains below 1,247.37, then allow for new lows to the lower edge of the target zone...
by Lara | Jul 18, 2018 | Gold |
Price continued lower. Two short term pictures with a clear price point which differentiates them are presented today. Summary: While price remains below 1,247.37, then allow for new lows to the target at 1,216 – 1,211. If price starts to move higher and makes a...
by Lara | Jul 17, 2018 | Gold |
Last analysis presented a new alternate Elliott wave count for the short term that expected downwards movement that should have strength. A bearish signal yesterday from On Balance Volume supported this view, and members were warned in yesterday’s summary that...
by Lara | Jul 16, 2018 | Gold |
A small inside day fits the idea of a multi day consolidation unfolding. Summary: While price remains within the best fit channel, which is drawn on all hourly charts, then allow for the possibility that the new alternate hourly wave count could be correct. It is...
by Lara | Jul 14, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For Friday more upwards movement was expected, which is exactly what has happened. Summary: Expect the upwards trend to continue overall. On Balance Volume makes another new all time high on the daily chart, and the short term volume profile is bullish....
by Lara | Jul 14, 2018 | Gold |
A little more downwards movement for Friday was not expected. Price still remains well within the allowable range for this small consolidation, for which there are still multiple Elliott wave structures. Summary: A multi day to multi week consolidation is likely still...
