by Lara | Feb 25, 2018 | Gold, Lara's Weekly, 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. Lara’s Weekly is at this time available to the general public, but in the near future it will be available by...
by Lara | Feb 24, 2018 | Gold |
Upwards movement was expected. Price has moved mostly sideways, with a very slight new high. Downwards movement for Friday’s session remains well above the Elliott wave invalidation point and well above the prior day’s low. Summary: Look for price to...
by Lara | Feb 22, 2018 | Gold |
A strong breach of the channel on the hourly chart has indicated a low is probably in for Gold, at least for the short term. Upwards movement then has continued as expected after the breach. Summary: Look for price to continue now in an upwards swing to end above...
by Lara | Feb 22, 2018 | Gold |
Price continued lower towards the target, which was at 1,328 – 1,324. The low for the session was 1.83 below the small target zone. Summary: It is possible price can continue lower while it remains within the best fit channel on the main hourly chart. If the...
by Lara | Feb 20, 2018 | Gold |
More downwards movement was expected, which is what has happened. Summary: Gold and GDX both remain range bound. In the short term, look for a little more downwards movement to end about 1,328 – 1,324; after this is done, look out for an upwards swing within the...
by Lara | Feb 19, 2018 | Gold |
A little more downwards movement has unfolded for Monday exactly as expected. With New York closed for Presidents’ day, a very quiet session for Monday sees no change to the analysis. Summary: Gold and GDX both remain range bound. In the short term, look out for...
by Lara | Feb 17, 2018 | Gold |
For Friday’s session a pullback was expected after a slight new high. This is exactly what happened. Summary: Gold and GDX both remain range bound. In the short term, look out for a little more downwards movement to start next week, which could be a small...
by Lara | Feb 15, 2018 | Gold |
Upwards movement has continued as last analysis expected. Summary: After a new high, which may be only slight, look out for a pullback. Price may find resistance about 1,365 and react there to swing down to support about 1,310 – 1,305. New updates to this...
by Lara | Feb 14, 2018 | Gold |
Again, upwards movement continued as expected. A breach of the best fit channel on the hourly chart about an hour after publication of last analysis indicated more upwards movement, which is what then happened. Summary: Look for upwards movement to continue, very...
