by Lara | Apr 19, 2018 | Gold |
Downwards movement has unfolded as expected. Price remains within the channel on the hourly chart. This channel will continue to be very important. Summary: Overall, still expect a downwards swing from here to support. When the channel on the hourly chart is breached...
by Lara | Apr 18, 2018 | Gold |
Upwards movement has breached the invalidation point on the hourly chart. The short term structure of the last four sessions is reanalysed. Summary: Overall, still expect a downwards swing from here to support. Use the wide channel on the hourly chart for confidence...
by Lara | Apr 17, 2018 | Gold |
Overall, downwards movement was expected for this week. This is now what is happening. A channel may now be drawn on the hourly chart that may be useful for resistance. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this...
by Lara | Apr 16, 2018 | Gold |
A downwards swing was expected to continue. Upwards movement during Monday’s session remains below the invalidation point, and the range for this session is small. Volume does not support upwards movement. Summary: Expect a downwards swing from here to support....
by Lara | Apr 14, 2018 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement was expected again for Friday. The session began with a gap higher, but thereafter moved lower to close red. Price remains above the invalidation point. Summary: A new low below 2,639.25 would indicate more downwards movement, and the...
by Lara | Apr 14, 2018 | Gold |
A bounce was expected to turn up within 24 hours, which is what has happened. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this swing to move in a straight line. The first of two bounces along the way down may be over...
by Lara | Apr 12, 2018 | Gold |
A downwards reaction was expected after yesterday’s strong upwards movement. This is exactly what has happened. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this swing to move in a straight line. There may be two...
by Lara | Apr 11, 2018 | Gold |
The main hourly wave count expected upwards movement but the target at 1,349 was inadequate. Specific trading advice is given today for GDX, which may have today broken out of a symmetrical triangle structure. Summary: Today’s session looks strongly like a blow...
by Lara | Apr 10, 2018 | Gold |
Upwards movement fits the alternate hourly Elliott wave count. With support now from volume today, the hourly wave counts for the short term picture are swapped over. Summary: A target for upwards movement to end is now at 1,349. Thereafter, expect a downwards swing...
