by Lara | Aug 22, 2019 | Gold |
Another small range day continues sideways movement as a pennant pattern unfolds. The target calculated using the flag pole length remains the same. Summary: A classic analysis target using the pennant pattern is at 1,669. The bullish Elliott wave count expects this...
by Lara | Aug 21, 2019 | Gold |
A small range inside day continues a possible pennant pattern. The target calculated from the flag pole remains the same. Summary: Overbought and extreme conditions can return and can continue while price moves a considerable distance further, or a trend change may...
by Lara | Aug 20, 2019 | Gold |
Price continues to be range bound. A reliable continuation pattern, a pennant, may be forming. The flag pole is used to calculate a target. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves...
by Lara | Aug 19, 2019 | Gold |
To start the new week downwards movement was expected for both bullish and bearish Elliott wave counts. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a considerable distance further, or...
by Lara | Aug 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, a small amount of upwards movement to either 2,871 or 2,898 was expected for Friday. Upwards movement reached 2,893.63. Summary: Two short to mid-term bearish wave counts (main daily chart and alternate daily chart) expect a very...
by Lara | Aug 16, 2019 | Gold |
Upwards movement for the week leaves three Elliott wave counts valid. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a considerable distance further, or a trend change may occur at any...
by Lara | Aug 15, 2019 | Gold |
A small range day has not managed to make a new high. Declining ATR and light volume still suggest some consolidation may unfold here. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a...
by Lara | Aug 14, 2019 | Gold |
An inside day leaves both bullish and bearish Elliott wave counts the same. A new short-term hourly chart is provided. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves a considerable...
by Lara | Aug 13, 2019 | Gold |
The first target given in yesterday’s analysis on the hourly chart was at 1,532. Price reached 1,533.24 and then turned sharply down. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves...
