by Lara | Apr 27, 2019 | Gold |
A bounce has continued higher. Price remains below the invalidation point and within the base channel for the daily Elliott wave count. Summary: For the very short term, look for this bounce to possibly end about 1,294 or at resistance at the upper edge of the base...
by Lara | Apr 25, 2019 | Gold |
The very short-term expectation from yesterday’s hourly chart was a small bounce, which is what has happened. Summary: The Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge of the base channel on the...
by Lara | Apr 24, 2019 | Gold |
Downwards movement continues as the larger picture for the Elliott wave and technical analysis expects for Gold. Targets remain the same. Summary: The Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge of the...
by Lara | Apr 23, 2019 | Gold |
Downwards movement continues. The Elliott wave target remains the same and is just $3 off a target calculated from the Head and Shoulders pattern. Summary: The Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge...
by Lara | Apr 22, 2019 | Gold |
A small range upwards day moves price higher, but the candlestick closed red. Overall, this fits the Elliott wave count. Summary: For the very short term, a small bounce may end about 1,286. Look for resistance at the neckline of a possible Head and Shoulders pattern...
by Lara | Apr 21, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 A consolidation was expected to continue. A small downwards day closes as a Doji, which fits expectations. Summary: The upwards trend remains intact and there is underlying strength in this market still. A consolidation may unfold here that may be shallow...
by Lara | Apr 19, 2019 | Gold |
With New York Stock Exchange closed for Good Friday, there is no new data to analyse for Friday’s session. But the weekly technical analysis is updated in this analysis. Strong signals from On Balance Volume support the Elliott wave count. Summary: The downwards...
by Lara | Apr 18, 2019 | Gold
Price moves lower as expected. Today On Balance Volume gives a strong signal, which supports the Elliott wave count. Summary: The downwards trend has resumed. There will be bounces and consolidations along the way down. Downwards momentum may now show some increase,...
by Lara | Apr 17, 2019 | Gold |
Price continues to move lower as all three Elliott wave counts expect. Targets remain the same. Summary: The downwards trend has resumed. There will be bounces and consolidations along the way down. Downwards momentum may now show some increase, and corrections may...
