by Lara | Sep 23, 2019 | Gold |
To begin the week a bounce was expected to continue upwards to about 1,529. Upwards movement for Monday has reached 1,525.91. Summary: The bounce may continue up to about 1,529 before the downwards trend resumes. The bearish Elliott wave count expects a new downwards...
by Lara | Sep 21, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Downwards movement for Friday was expected for the short term. This week saw price move upwards as expected, with a higher high and a higher low. Summary: This week comes with more upwards movement and new all time highs from the AD line and On Balance...
by Lara | Sep 20, 2019 | Gold |
Sideways movement continues all week. Price remains range bound. The Elliott wave counts both expect a breakout in the same direction. Summary: The bounce may continue up to about 1,529 before the downwards trend resumes. The bearish Elliott wave count expects a new...
by Lara | Sep 19, 2019 | Gold |
A small range day continues a small consolidation pattern. The breakout is still expected in the same direction. Summary: The bounce may be over. A downwards breakout may be imminent. It is also possible but now less likely that the bounce may continue up to about...
by Lara | Sep 18, 2019 | Gold |
Last analysis expected a little more upwards movement. An outside day sees price remain range bound. Summary: The bounce may be over. A downwards breakout may be imminent. It is also possible but now less likely that the bounce may continue up to about 1,529 before...
by Lara | Sep 17, 2019 | Gold |
Sideways movement continues. The breakout is expected this week. Summary: The bounce may continue up to about 1,529 before the downwards trend resumes. The bearish Elliott wave count expects a new downwards trend to last one to several years has begun. Confidence in...
by Lara | Sep 16, 2019 | Gold |
A small amount of upwards movement to start the week remains below the short-term invalidation point. Both Elliott wave counts remain valid. Summary: The situation is still unclear for the short term. The bounce may continue up to about 1,529 before the downwards...
by Lara | Sep 14, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, a pullback or consolidation was expected to begin on Friday. This is exactly what has happened. Summary: For the short term, a little weakness in the last session suggests a pullback or consolidation may unfold here. The target for...
by Lara | Sep 13, 2019 | Gold |
Gold has moved lower for this last week, which was overall what was expected from both Elliott wave counts. The price point which differentiates the bull and bear Elliott wave counts remains the same. Summary: The situation is still unclear for the short term. The...
