by Lara | Jul 2, 2018 | Gold |
The Elliott wave target remains the same. Summary: The short term target is at 1,227 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower than 1,123.08. Always trade with stops to...
by Lara | Jun 30, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Overall, upwards movement was expected from the main Elliott wave count. Summary: It is still possible that before this pullback is done one more low may be seen Monday or Tuesday. A new high above 2,757.12 would provide confidence that a low is in place....
by Lara | Jun 30, 2018 | Gold, Gold Historical |
A candlestick pattern on the daily chart in combination with volume analysis indicate the most likely scenario for early next week. Summary: The short term target is at 1,227 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211....
by Lara | Jun 28, 2018 | Gold |
As expected, downwards movement continues towards the Elliott wave target. Summary: The short term target is at 1,226 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower than 1,123.08....
by Lara | Jun 27, 2018 | Gold |
Downwards movement continued as last analysis expected it to. The target remains the same. Summary: The short term target is at 1,226 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower...
by Lara | Jun 26, 2018 | Gold |
Downwards movement today breached a trend line on one of the daily Elliott wave counts, and because of the breach it has now been discarded. Volume analysis today is used to indicate the most likely direction for tomorrow. Summary: With volume now supporting downwards...
by Lara | Jun 25, 2018 | Gold |
A small bounce was expected to continue the new trading week. An outside day remains above the last low, and the higher high fits expectations. Summary: The triangle wave count is now preferred. A small bounce up to about 1,279 may end within the next one or two days....
by Lara | Jun 24, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small inside day, closing red, mostly fits the Elliott wave count for the short term. Price remains above the invalidation point, which is very close by. Summary: Upwards movement looks most likely next week. The short term target is about 2,844, where...
by Lara | Jun 23, 2018 | Gold |
A small bounce was expected for Friday. A small green daily candlestick moves price slightly higher, fitting expectations. Summary: The triangle wave count is now preferred. Next week may begin with a small bounce up to about 1,279, which may last a very few days....
