by Lara | Jan 6, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 6, 2021 A strong downwards session completes an Evening Star reversal pattern, which has support from volume. Both Elliott wave counts remain valid and both scenarios must be considered. Summary: The...
by Lara | Jan 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 5, 2021 Upwards movement continues towards the target calculated from the pennant pattern. Summary: A short-term target from the pennant is at 1,994. This classic pattern fits the second Elliott wave...
by Lara | Jan 4, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 4, 2021 An upwards breakout from the pennant at the start of the session indicated the target calculated from the flag pole should be used. Summary: A short-term target from the pennant is at 1,994....
by Lara | Jan 1, 2021 | Gold, Lara's Weekly, S&P500, US Oil
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – December 31, 2020 S&P 500 The year ends with new all time highs from both price and the AD line. This is exactly in line with the larger picture from the...
by Lara | Dec 31, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 31, 2020 A small pennant pattern may be forming. A target is calculated from the flag pole. Summary: For the short term, a small pennant pattern may be forming. A close above the upper pennant trend...
by Lara | Dec 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 30, 2020 A small range upwards day with light volume fits short-term expectations from yesterday’s analysis. Summary: For the short term, a small pennant pattern may be forming. A close above...
by Lara | Dec 29, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 29, 2020 A very small range inside day leaves both Elliott wave counts the same. Summary: The first wave count is bearish for the bigger picture and has only one daily chart. This wave count expects a...
by Lara | Dec 28, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 28, 2020 Price has closed back within the channel on the daily chart. Both Elliott wave counts remain the same. Summary: The first wave count is bearish for the bigger picture and has only one daily...
by Lara | Dec 25, 2020 | Gold, Lara's Weekly, S&P500, US Oil
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – December 24, 2020 S&P 500 Today’s session was quiet (markets closed early, at 1 p.m.) and leaves this analysis unchanged. Price continues to move...
