by Lara | Jun 21, 2018 | Gold |
For the short term, today’s candlestick and Stochastics indicate what may happen next and the Elliott wave count provides Fibonacci ratios for targets. Summary: The triangle wave count is now preferred. The zigzag wave count will be discarded if price prints a...
by Lara | Jun 20, 2018 | Gold |
Price is right at a trend line on the prior main Elliott wave count. Movement over the next very few days may provide some illumination as to which Elliott wave count is more likely. Summary: In the first instance, look now for support at the black (2)-(4) trend line...
by Lara | Jun 19, 2018 | Gold, Gold Historical |
Another new low was expected. This is so far what is happening. The bigger picture is updated today with a new weekly wave count. Summary: In the first instance, look now for support at the black (2)-(4) trend line on the first weekly chart (zigzag). The target for...
by Lara | Jun 18, 2018 | Gold |
A small inside day sees the Elliott wave count remain the same. Summary: Look for price, if it gets down that low, to find very strong support about the lower (2)-(4) trend line, which is drawn on all main wave count charts. Always trade with stops to protect your...
by Lara | Jun 16, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A green daily candlestick was expected for Friday’s session. Although the candlestick printed green, the session saw a lower low that was not expected. Overall, the Elliott wave count remains the same with price remaining well above the invalidation...
by Lara | Jun 16, 2018 | Gold |
Downwards movement fits the alternate Elliott wave count, which was expected to have a lower probability. Low probability does not mean no probability; when low probability outcomes do occur, they will never be expected as what was most likely. That is the nature of...
by Lara | Jun 14, 2018 | Gold |
Upwards movement today has support from volume. This fits the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. If price does move lower, then it should...
by Lara | Jun 13, 2018 | Gold |
An outside day closes green, and the balance of volume is upwards. This fits expectations for the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. If...
by Lara | Jun 12, 2018 | Gold |
With a sideways range day, the Elliott Wave counts remain the same. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. If price does move lower, then it should find very strong...
