by Lara | Nov 4, 2019 | Gold |
Price remains within the trend lines of a triangle. All three Elliott wave counts remain valid. Summary: For the very short term, a new low below 1,482.52 would add confidence in a more bearish outlook. The target would be at 1,348. For the very short term, a new high...
by Lara | Nov 2, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 New all time highs were expected. This week they have shown up. The Elliott wave count targets are recalculated. Summary: The next target is at 3,179. Overall, expect upwards movement to continue and exhibit some further increase in momentum before a...
by Lara | Nov 1, 2019 | Gold |
A little upwards movement reaches resistance at the upper trend line of a small ascending triangle. All three Elliott wave counts remain valid. Summary: For the very short term, a new low below 1,482.52 would add confidence in a more bearish outlook. The target would...
by Lara | Oct 31, 2019 | Gold |
Price remains range bound within the trend lines of a possible ascending triangle. The breakout may come in another 9 sessions. Summary: For the very short term, a new low below 1,481.55 would add confidence in a more bearish outlook. The target would be at 1,348. For...
by Lara | Oct 30, 2019 | Gold |
Price has bounced up off the lower edge of the ascending triangle trend line. The breakout from the triangle is now expected in 10 more sessions. All three Elliott wave counts remain valid. Summary: For the very short term, a new low below 1,481.55 would add...
by Lara | Oct 29, 2019 | Gold |
Price remains range bound. The ascending triangle remains valid. Summary: For the very short term, a new low below 1,481.55 would add confidence in a more bearish outlook. The target would be at 1,348. For the very short term, a new high above 1,516.65 would add some...
by Lara | Oct 28, 2019 | Gold |
Downwards movement sees price remain below resistance and within a triangle pattern. All three Elliott wave counts remain the same. Summary: For the very short term, a new low below 1,481.55 would add confidence in a more bearish outlook. The target would be at 1,348....
by Lara | Oct 26, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new all time high for the S&P500 was expected as likely this week. While price has not managed to make a new all time high, Friday’s high is just 0.59 points short. Strength in upwards movement fits the Elliott wave count. Summary: Upwards...
by Lara | Oct 25, 2019 | Gold |
Price remains range bound at the end of the week. All three Elliott wave counts remain valid, but volume and price now suggest the main and alternate bearish counts should be swapped over. Summary: A new high above 1,515.58 has given a little confidence to a more...
