by Lara | Mar 28, 2018 | Gold |
The upwards swing has been proven by price to be over earlier than expected. Price remains range bound. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. Note: Price does not move in a straight line when it is within a...
by Lara | Mar 27, 2018 | Gold |
An upwards swing was expected to continue. Price has made a new high and downwards movement within the session remains above the invalidation point. Summary: Expect more upwards movement to a minimum at 1,359.42. The target is now at 1,367 to 1,369. When this upwards...
by Lara | Mar 26, 2018 | Gold |
A little sideways and lower movement to end about 1,344 was expected to begin the new trading week. Thereafter, the upwards swing was expected to continue. This is exactly what happened. A little downwards movement opened the first session of the week to reach a low...
by Lara | Mar 24, 2018 | Gold, Lara's Weekly, Public Analysis, S&P500, US Oil |
Lara’s Weekly is an end of week Elliott Wave and Technical Analysis of the S&P 500, GOLD, and USOIL that focuses on the mid-to-long-term picture. This analysis service is designed for investors and swing traders. Lara’s Weekly is at this time available to the...
by Lara | Mar 24, 2018 | Gold |
A pullback was expected to end about 1,318 and an upwards swing to resume there, but the pullback was already over and upwards movement continued. Summary: Look for a little sideways or lower movement to begin the new week, which may end about 1,344. Thereafter, the...
by Lara | Mar 22, 2018 | Gold |
A downwards reaction was expected after a strong upwards thrust. Fibonacci ratios are used as targets for this pullback to end. Summary: Look for the pullback to end about 1,318. Thereafter, expect the upwards swing to continue to a target at 1,367. New updates to...
by Lara | Mar 21, 2018 | Gold |
Yesterday’s analysis stated to look for a turn and a bounce while price remained above support. Price remained above support at 1,305 and a turn and a bounce transpired. Summary: The target for this upwards swing is now at 1,367. In the short term, look out for...
by Lara | Mar 20, 2018 | Gold |
Price is range bound, moving sideways. The Elliott wave counts expect a B wave may be about halfway through. An alternate idea of a new downwards trend is also considered at the daily chart level today. Summary: Two bearish signals from On Balance Volume indicate it...
by Lara | Mar 19, 2018 | Gold |
Another test of support about 1,310 to 1,305 was expected. This is what has happened. Summary: Expect the upwards swing to resume, which may be choppy and overlapping. The target at 1,391 may be too high; upwards movement may find strong resistance about 1,365 –...