by Lara | Oct 14, 2019 | Gold |
A small range inside day sees all three daily Elliott wave counts remain valid. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be at 1,420. The main Elliott wave count still expects downwards...
by Lara | Oct 12, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 At the end of this week, the AD line gives another signal that strongly supports the main Elliott wave count. Summary: For the very short term, a little downwards movement to about 2,955 or 2,931 may begin on Monday. Thereafter, the upwards trend may...
by Lara | Oct 11, 2019 | Gold |
Again, downwards movement fits the main Elliott wave count best. Also, at the end of the week, volume supports the main Elliott wave count. All three Elliott wave counts remain valid Summary: A new low below 1,456.64 would provide confidence that the downward trend...
by Lara | Oct 10, 2019 | Gold |
Downwards movement fits the main Elliott wave count best. All three daily Elliott wave charts remain valid. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be at 1,420. A new high above 1,534.62...
by Lara | Oct 9, 2019 | Gold |
More upwards movement was expected for the very short term. This is exactly what is happening. Summary: How price behaves in the next 24 hours may indicate which bearish wave count is correct. A new low below 1,456.64 would provide confidence that the downward trend...
by Lara | Oct 8, 2019 | Gold |
The base channel on the main daily Elliott wave count may show were price finds resistance tomorrow. Summary: For the very short term, expect upwards movement tomorrow to continue to resistance at the upper edge of the base channel. If price gets up to resistance,...
by Lara | Oct 7, 2019 | Gold |
Price remains range bound. All three daily Elliott wave counts remain valid. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be at 1,420. A new high above 1,534.62 would add confidence to a more...
by Lara | Oct 5, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A new high above 2,952.86 adds confidence to the main wave count. Summary: A new high above 2,952.86 at the end of Friday’s session adds confidence to the main wave count. The next target is at 3,120. Further confidence that a low is in place and...
by Lara | Oct 4, 2019 | Gold |
Downwards movement for Friday was weak. A new alternate bearish Elliott wave count is developed today that expects Gold and Silver to move together. Summary: A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target...
