by Lara | May 31, 2018 | Gold |
Another upwards day fits expectations, but the technicals are a concern for the very short term. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a low may be in place...
by Lara | May 30, 2018 | Gold |
Yesterday’s signal from On Balance Volume that caused concern for the main Elliott wave count is now negated. The main Elliott wave count has support from classic technical analysis. Summary: The target is now 1,411. Triple bullish divergence between price and...
by Lara | May 29, 2018 | Gold |
A slightly downwards day closes as a doji, and downwards movement remains above the short term invalidation point. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a...
by Lara | May 28, 2018 | Gold |
With New York closed for Memorial Day, a quiet session saw price move a little lower but remain above the invalidation point on the hourly chart. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower...
by Lara | May 26, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A small inside day fits the Elliott wave count. At the end of the week, VIX and the AD line and On Balance Volume are all giving signals which are in agreement. Summary: Bearish signals at the end of the week from VIX and the AD line and On Balance Volume...
by Lara | May 26, 2018 | Gold |
A signal from On Balance Volume at the end of this week now offers support to the main Elliott wave count at weekly and daily time frames. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower...
by Lara | May 24, 2018 | Gold |
Strong upwards movement fits the main Elliott wave count. This was expected to show up sometime this week or early next week. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks,...
by Lara | May 23, 2018 | Gold |
An outside day fits both short term Elliott wave counts. On Balance Volume should give a signal in one or two more sessions. This may add a little clarity to the short term expectations. Summary: The target is now 1,411. Triple bullish divergence between price and...
by Lara | May 22, 2018 | Gold |
Upwards movement has continued as the main Elliott wave count expected. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a low may be in place here or very soon. If...
