by Lara | Apr 16, 2019 | Gold |
More downwards movement was expected and this is exactly what is happening. The Elliott wave count and targets remain the same. All three Elliott wave counts expect more downwards movement at least for the short term. Summary: The downwards trend has resumed. There...
by Lara | Apr 15, 2019 | Gold |
This analysis overall expects a downwards trend, which is how the new trading week has begun. 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...
by Lara | Apr 13, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has continued as the bigger picture for the Elliott wave count expected, although a little more sideways movement was expected first. Summary: The next target for a pullback or consolidation to begin is now at 2,918. The upwards trend...
by Lara | Apr 12, 2019 | Gold |
A small range inside day fits short-term expectations for the Elliott wave count. Summary: For the very short term, a little sideways or higher movement may find resistance about 1,298 on Monday. Thereafter, the downwards trend may resume. The Elliott wave target is...
by Lara | Apr 11, 2019 | Gold |
A bounce was expected to end at resistance yesterday, and thereafter downwards movement was expected. Members were advised to enter short. A strong downwards day should see members with profits. Summary: The Elliott wave target is at 1,220. Risk is just above...
by Lara | Apr 10, 2019 | Gold |
A little more upwards movement was expected for Wednesday to end about 1,307 to 1,310. Upwards movement has continued to reach a high at 1,310.17 so far. Summary: While price remains below the upper edge of the base channel, expect it to find resistance there. This...
by Lara | Apr 9, 2019 | Gold |
Upwards movement remains below the invalidation point and price remains within the base channel. The next target at the 0.618 Fibonacci ratio is now used. Summary: This bounce may end about 1,307 to 1,310, which may be about the upper edge of the base channel. If...
by Lara | Apr 8, 2019 | Gold |
A counter trend bounce was expected to end most likely about 1,297 to 1,301. The high for Monday is at 1,303.15, just slightly above the target range. Summary: The downwards trend may now have resumed. A new low below 1,293.90 now would provide confidence that this...
by Lara | Apr 6, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 The upwards trend continues overall as expected. Elliott wave targets remain the same. Summary: The upwards trend should continue. The mid-term Elliott wave target remains the same at 3,010 and the target calculated using the pennant pattern is at 2,956....
