by Lara | May 7, 2019 | Gold |
The bounce was expected to continue for Tuesday’s session, which is what has happened. Summary: For the short term, look for a bounce to possibly end about 1,289. Use the channels on the daily chart to show where price may find resistance. Thereafter, expect the...
by Lara | May 6, 2019 | Gold |
A bounce was expected to continue to start the new week. The target remains the same. Summary: For the short term, look for a bounce to possibly end about 1,289. Use the channels on the daily chart to show where price may find resistance. Thereafter, expect the...
by Lara | May 4, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 For the very short term, a consolidation or bounce was expected. A bounce for Friday overall fits this expectation. Price remained below the invalidation point. Summary: A pullback or consolidation here for primary wave 4 may now last about a couple of...
by Lara | May 3, 2019 | Gold |
A strong bounce at the end of the week creates a candlestick pattern on the daily chart that has support from volume. The short-term expectation is adjusted, but the mid and long-term Elliott wave targets remain the same as does the channel on the daily chart....
by Lara | May 2, 2019 | Gold |
Downwards movement continues as expected from all three Elliott wave counts. Targets remain the same. Summary: Expect the downwards trend to resume. The mid-term Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper...
by Lara | May 1, 2019 | Gold |
Some downwards movement at the end of the session fits expectations from the Elliott wave counts. Summary: Expect the downwards trend to resume. The mid-term Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge of...
by Lara | Apr 30, 2019 | Gold |
The neck line of the Head and Shoulders pattern continues to provide resistance, as does the short-term channel on the hourly chart. The Elliott wave targets remain the same. Summary: Expect the downwards trend to resume. The mid-term Elliott wave target is at 1,220....
by Lara | Apr 29, 2019 | Gold |
The neck line of the Head and Shoulders pattern has provided resistance for a back test. The target calculated from the Head and Shoulders pattern is just $3 off the target calculated using the Elliott wave count and Fibonacci Ratios. Summary: Expect the downwards...
by Lara | Apr 27, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continues as expected. A new Elliott wave count at the monthly chart level is presented. Summary: The upwards trend remains intact and there is underlying strength in this market still. The next mid-term target is at 3,010. However, some...
