by Lara | Aug 1, 2019 | Gold |
The last two sessions have seen price whipsaw within a consolidation zone. Today On Balance Volume gives a reasonable signal. All Elliott wave counts remain valid. Summary: There remains an upwards trend in place at the weekly chart level. With conditions extreme, a...
by Lara | Jul 31, 2019 | Gold |
Both hourly charts yesterday expected some downwards movement, which is what is happening so far. Summary: There remains an upwards trend in place at the weekly chart level. With conditions extreme, a sideways consolidation may continue this week and possibly for...
by Lara | Jul 30, 2019 | Gold |
Currently, price is bound by support and resistance. The preferred Elliott wave count sees this consolidation as a B wave that is incomplete. Summary: There remains an upwards trend in place at the weekly chart level. With conditions extreme, a sideways consolidation...
by Lara | Jul 29, 2019 | Gold |
Price remains range bound. With volume and ATR declining as price moves sideways, this looks like another consolidation within an ongoing trend. Summary: There remains an upwards trend in place at the weekly chart level. With conditions extreme, a sideways...
by Lara | Jul 27, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The middle of a third wave may be unfolding as expected. Elliott wave targets remain the same. Summary: A short-term target for the middle of a third wave to end is now at 3,097. A mid-term target for a third wave at intermediate degree is at 3,148. Use...
by Lara | Jul 27, 2019 | Gold, Gold Historical |
At the end of this week, it is time to review monthly charts for Gold. Three Elliott wave counts are published for monthly charts. Summary: There remains an upwards trend in place at the weekly chart level. This week looks like a counter trend movement. However, the...
by Lara | Jul 25, 2019 | Gold |
A strong downwards day has push from volume, but price remains above support. All three Elliott wave counts remain valid. Summary: A sharp reversal and bearish candlestick pattern on the daily chart at last week’s high puts the breakout in some doubt. Both...
by Lara | Jul 24, 2019 | Gold |
All three Elliott wave counts remain valid while price remains above 1,346.45. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish case has...
by Lara | Jul 23, 2019 | Gold |
Another small range day remains above support. Both Elliott wave counts remain valid. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish...
