by Lara | Jan 22, 2018 | Gold |
Sideways movement continues. The short term picture at the hourly chart level is now changed with changing market conditions. With the high remaining in place, the main wave count is the same at the daily chart level. Summary: The main wave count expects a trend...
by Lara | Jan 21, 2018 | Gold, Lara's Weekly, S&P500, US Oil, US Oil Historical |
GOLD ANALYSIS 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. A new low below 1,324.93 now offers further confidence in this view. Full confidence may be had in the new bear market if price...
by Lara | Jan 20, 2018 | Gold |
Downwards and sideways movement to end the week fits the main wave count. But while price action so far looks right, this main wave count does not have support from classic analysis at the end of this week. Two alternates are considered. Summary: The main wave count...
by Lara | Jan 18, 2018 | Gold |
Price continues to move slowly lower as the main wave count expects it to. 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. A new low below 1,324.93 now offers further confidence in this...
by Lara | Jan 17, 2018 | Gold, Gold Historical |
Again, price has moved lower as the main wave count expected it to. A breach of the channel adds a little confidence, but the confidence price point has not yet been passed. Alternates should still be considered. Summary: The main wave count expects a trend change to...
by Lara | Jan 16, 2018 | Gold |
Price has moved lower as the main wave count has expected, but it has still not broken out of the channel nor passed the confidence point. Alternates are still considered. Summary: The main wave count expects a trend change to a new bear market to last one to several...
by Lara | Jan 15, 2018 | Gold, Gold Historical |
All possibilities are considered, and it is time to step back and look at Elliott wave monthly charts. 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 confidence in this view,...
by Lara | Jan 13, 2018 | Gold, Public Analysis
An upwards breakout from a consolidation was expected, but it has come much more quickly than expected. A new alternate wave count this week should prepare members if price continues higher from here. Summary: The main wave count expects a trend change to a new bear...
by Lara | Jan 11, 2018 | Gold |
Sideways movement was expected. An inside day for Thursday fits with this expectation. Summary: Look now for price to move either lower for a pullback or sideways for a multi week consolidation that may last about 8 to 12 weeks. If this expectation for duration is...
