by Lara | Nov 14, 2019 | Gold |
Bounce was expected to end about 1,472. Price has continued higher to reach 1,473.35 for this session. Summary: This bounce may be over here. If it continues any higher, then it may be for only one more day. It may end about 1,480, where the lower triangle trend line...
by Lara | Nov 13, 2019 | Gold |
In yesterday’s analysis members were warned to look for a small bounce to about 1,472 for the short term. A small range upwards day with a high at 1,466.29 fits this expectation. Summary: For the very short term, look out for this small bounce to end about 1,472...
by Lara | Nov 12, 2019 | Gold |
Price keeps falling towards the Elliott wave target and the target calculated from the classic triangle pattern. Summary: For the very short term, look out for a small bounce to about 1,472 or to test the lower triangle trend line (daily technical analysis chart). The...
by Lara | Nov 11, 2019 | Gold |
Price continues lower as the main Elliott wave count expected. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about 1,431. For the very short term, a new high above 1,514.29 would add some confidence in a more bullish...
by Lara | Nov 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The S&P 500 has continued to make new highs this week exactly as the Elliott wave count expected. There is underlying strength in this market with rising breadth and new all time highs from On Balance Volume. Elliott wave targets remain the same....
by Lara | Nov 8, 2019 | Gold |
More downwards movement was expected for Friday, which is what has happened. The weekly candlestick strongly suggests the main Elliott wave count is more likely. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about...
by Lara | Nov 7, 2019 | Gold |
Today’s Stockcharts data shows a downwards breakout from the triangle. The targets remain the same. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about 1,431. For the very short term, a new high above 1,516.65...
by Lara | Nov 6, 2019 | Gold |
Price remains range bound and a triangle remains valid. The short-term volume profile still suggests the same direction for a breakout. Summary: For the very short term, a new low below 1,482.52 adds a little confidence in a more bearish outlook. A new low below...
by Lara | Nov 5, 2019 | Gold |
Today price has broken below the lower triangle trend line and below a confidence point. The alternate Elliott wave count should be taken seriously. Summary: For the very short term, a new low below 1,482.52 adds a little confidence in a more bearish outlook. A new...
