by Lara | Jun 28, 2019 | Gold |
Price remains below the invalidation point on the preferred hourly Elliott wave chart. At the end of this week, volume suggests the direction for next week. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may...
by Lara | Jun 27, 2019 | Gold |
More downwards movement fits the short-term expectation for both Elliott wave counts. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may continue higher towards 1,565 for the bullish Elliott wave count. A new low by...
by Lara | Jun 26, 2019 | Gold |
A little more downwards movement leaves both Elliott wave counts valid. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may continue higher towards 1,565 for the bullish Elliott wave count. A new low by any amount at...
by Lara | Jun 25, 2019 | Gold |
The bullish and bearish Elliott wave counts now may diverge. A clear price point differentiates the two ideas. Summary: A high may now be in place earlier than expected for the bearish Elliott wave count. Price may continue higher towards 1,565 for the bullish Elliott...
by Lara | Jun 23, 2019 | Gold |
All three Elliott wave counts remain valid and two short-term scenarios are considered for members today on hourly charts. Overall, all three Elliott wave counts expect the same direction next but targets differ. Summary: A shallow consolidation or a pullback to test...
by Lara | Jun 22, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Further upwards movement continues as expected from the Elliott wave count. Summary: The low of December 2018 is expected to most likely remain intact. The next short-term target is at 3,068 (Elliott wave) to 3,079 (classic analysis from the pennant)....
by Lara | Jun 22, 2019 | Gold |
After an upwards breakout on Friday, three Elliott wave counts remain valid. Summary: A shallow consolidation or a pullback to test support after the upwards breakout may now unfold next week. Look for support about 1,370 to 1,375. Thereafter, the upwards trend may...
by Lara | Jun 20, 2019 | Gold |
Today Gold may be in the process of a classic upwards breakout from a multi-year consolidation. If this session closes above 1,374.91 (the July 2016 high) on an upwards day with support from volume, then have confidence in the breakout. Today I have three Elliott wave...
by Lara | Jun 19, 2019 | Gold |
Gold price is still rising and is now close to the invalidation point for the main Elliott wave count. All three Elliott wave counts remain valid at this stage, but we may soon be closer to some clarity regarding this B wave. Summary: A high may come soon now for...
