by Lara | Jul 12, 2018 | Gold |
A little more downwards movement towards the Elliott wave target at 1,238 was expected. Price did make a slight new low, but fell short of the target by $3.40. Thereafter, a breach of the channel on the hourly chart indicated a low was likely in place for the short...
by Lara | Jul 11, 2018 | Gold |
More downwards movement was expected for Wednesday’s session, which is exactly what happened. Summary: A multi day to multi week consolidation is likely still unfolding. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20. At...
by Lara | Jul 10, 2018 | Gold |
Some downwards movement for the short term was expected for Tuesday’s session, which is exactly what has happened. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks,...
by Lara | Jul 9, 2018 | Gold |
A small upwards day to just above 1,265 fits expectations for the short term. 1,265 was expected to be about where upwards movement may find resistance. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways...
by Lara | Jul 7, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A strong upwards day exactly fits expectations from the Elliott wave count. At the end of the week, there is strong support for the Elliott wave count from the AD line and On Balance Volume. Summary: The AD line and On Balance Volume both make new all...
by Lara | Jul 7, 2018 | Gold |
Sideways movement to end the week fits the short term expectations for the Elliott wave count. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20. When...
by Lara | Jul 5, 2018 | Gold |
Volume analysis supports the Elliott wave analysis at this stage. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20. When the consolidation is...
by Lara | Jul 4, 2018 | Gold |
A doji candlestick on the daily chart fits the expectations for a consolidation to continue. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20. When...
by Lara | Jul 3, 2018 | Gold |
A strong candlestick pattern indicates the next consolidation has arrived, $10 short of the target. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20....
