by Lara | Feb 3, 2018 | Gold |
A consolidation or pullback continues as expected. Two ideas for the short term are now considered at the hourly chart level. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is also possible...
by Lara | Feb 1, 2018 | Gold |
Last analysis expected a consolidation to continue. A long legged doji closed, which moved price essentially sideways as expected. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is also...
by Lara | Jan 31, 2018 | Gold |
Price continues to move sideways in a consolidation, which is what the last analysis expected. Volume during this consolidation may indicate the direction of the breakout, when it is done. Summary: A consolidation looks likely to have begun, and it may be as time...
by Lara | Jan 30, 2018 | Gold |
More downwards movement for the short term was expected to a target at 1,333. Price moved lower to reach 1,334.53 before bouncing higher. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is...
by Lara | Jan 29, 2018 | Gold |
A breach of the channel on the daily and hourly Elliott wave charts indicates the alternate daily chart is more likely. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is also possible it may...
by Lara | Jan 27, 2018 | Gold, Gold Historical, Lara's Weekly |
Downwards movement still remains contained within the channel and above the short term invalidation point. Sideways movement for Friday leaves the Elliott wave count the same. Summary: The target for this upwards wave to end is at this stage still 1,432. Assume the...
by Lara | Jan 25, 2018 | Gold |
Upwards movement continued to begin the last session, as the new main wave count expected. Downwards movement so far remains contained within the channel and above the short term invalidation point. Summary: The target for a third wave to end is at this stage still...
by Lara | Jan 24, 2018 | Gold |
Yesterday’s classic technical analysis summary warned of possible upwards movement. Today’s upwards movement invalidated the main Elliott wave count and now two valid Elliott wave counts remain. Summary: While price remains within the channel on the daily...
by Lara | Jan 23, 2018 | Gold |
At least a little upwards movement to a target at 1,339 was expected. Upwards movement has unfolded to reach 1,342.08 so far. Summary: The main wave count expects a trend change to a new bear market to last one to several years, and the target is 470. However, for the...
