by Lara | May 28, 2019 | Gold |
A reasonably strong downwards day fits the expectation from the main Elliott wave count. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout this week may still be more likely. The target would then be at 1,219 (which may not be low...
by Lara | May 27, 2019 | Gold |
Another very small range day fits the short-term expectation for the main Elliott wave count for price to move very slightly higher. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout this week may still be more likely. The target...
by Lara | May 25, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the short term, some sideways movement was expected for Friday’s session, which is what has happened. Summary: The low of December 2018 is expected to very likely remain intact, and this pullback is expected to be followed by a strong third wave...
by Lara | May 25, 2019 | Gold |
Price remains range bound at the end of the week after moving mostly sideways. All Elliott wave counts remain valid. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout next week may still be more likely. The target would then be at...
by Lara | May 23, 2019 | Gold
For the very short term, a bounce was expected for this session. The bounce is higher than expected, but it remains below the Elliott wave invalidation point. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may still be more likely....
by Lara | May 22, 2019 | Gold |
A small range inside day leaves all Elliott wave counts essentially the same. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be more likely. The target would then be at 1,219 (which may not be low enough). However, the target...
by Lara | May 21, 2019 | Gold |
Further downwards movement fits the main Elliott wave count. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be slightly more likely. The target would then be at 1,219 (which may not be low enough). However, the target would be...
by Lara | May 20, 2019 | Gold |
A small range Doji candlestick for Monday sees both Elliott wave counts remain the same. Summary: Resistance is about 1,310 and support is about 1,265. A downwards breakout may be slightly more likely. The target would then be at 1,219 (which may not be low enough)....
by Lara | May 18, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Both the AD line and VIX at the end of the week give the same signal. In conjunction with Lowry’s data, this indicates a more bullish scenario should be dominant. The Elliott wave count has a new short to mid-term target. Summary: The low of...
