by Lara | Jun 18, 2019 | Gold |
For the very short term, a deep bounce was expected, which is what has happened. Price remains below the invalidation point. Summary: A high may now be in place for Gold. A new target is at 1,014. Thereafter, if price keeps falling, the next target is at 808. Along...
by Lara | Jun 17, 2019 | Gold |
A small range day with a long lower wick moves price a little lower. Downwards movement overall was expected from the main Elliott wave count. Summary: A high may now be in place for Gold. A new target is at 1,014. Thereafter, if price keeps falling, the next target...
by Lara | Jun 14, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A continuation of sideways movement overall was expected for this week. A small pattern may be developing on the daily chart, which may provide a classic technical analysis target to supplement the Elliott wave target. Summary: The low of December 2018 is...
by Lara | Jun 14, 2019 | Gold |
The alternate Elliott wave count expected for the short term a new high to 1,349 before a reversal. Price reached 1,357.92, remaining below the Elliott wave invalidation point, and there sharply reversed. Summary: A high may now be in place for Gold. A new target is...
by Lara | Jun 13, 2019 | Gold |
A bounce was expected to continue higher for one or two sessions, which is so far what has happened. Summary: For the short term, a small bounce may have ended now for minor wave 2 or price may continue higher to 1,349 before turning. A new target is at 1,014....
by Lara | Jun 12, 2019 | Gold |
A bounce was expected for the short term, which is exactly what has happened for the session. Summary: Friday’s high may have been the end of cycle wave b triangle. A downwards breakout may be beginning. A new target is at 1,014. Thereafter, if price keeps...
by Lara | Jun 11, 2019 | Gold |
A long lower wick on today’s daily candlestick supports the short-term outlook for both Elliott wave counts. Summary: Friday’s high may have been the end of cycle wave b triangle. A downwards breakout may be beginning. A new target is at 1,014. Thereafter,...
by Lara | Jun 10, 2019 | Gold |
A strong downwards day indicates the alternate triangle Elliott wave count may be more likely than the main, which differs only for a short-term outlook. The wave counts are switched over today. Summary: Friday’s high may have been the end of cycle wave b...
by Lara | Jun 8, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The week has ended strongly. A low was called tentatively on the 3rd of June, and the first confidence point at 2,799 was passed on the next day. Thereafter, price has continued higher this week as expected. Summary: The low of December 2018 is expected...
