by Lara | Apr 6, 2019 | Gold |
Some upwards movement was expected for Friday. Overall, this is what happened with a higher high and a higher low from Thursday. Summary: For the very short term, a small counter trend bounce lasting another two to three days may end most likely about 1,297 to 1,301...
by Lara | Apr 4, 2019 | Gold |
The main Elliott wave count remains essentially the same after today’s sharp whipsaw. A new alternate to consider is presented for the short term. The larger picture remains the same. Summary: For the very short term, a small counter trend bounce may end most...
by Lara | Apr 3, 2019 | Gold |
A small amount of upwards movement was expected. Price moved slightly higher. The short-term target remains the same. Summary: For the very short term, a small counter trend bounce may end most likely about 1,301 to 1,305. If price keeps rising through this first...
by Lara | Apr 2, 2019 | Gold |
A little upwards movement was expected. After a slight new low price has turned and moved higher. The short-term Elliott wave count remains mostly the same but the short-term target is recalculated. Summary: For the very short term, a small counter trend bounce may...
by Lara | Apr 1, 2019 | Gold |
A small range day leaves the Elliott wave count essentially the same. The target calculated using Elliott wave and Fibonacci ratios, and the target calculated using the last flag pattern, both remain the same. Summary: For the very short term, a small counter trend...
by Lara | Mar 30, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 An outside day for Friday closes green as the S&P500 ends with a little strength into the close. This is what the main Elliott wave count has expected, and it now has support from classic technical analysis this week. Summary: The upwards trend...
by Lara | Mar 29, 2019 | Gold |
Another downwards day with a lower low and a lower high was expected. Summary: For the very short term, a small counter trend bounce may end about either 1,301 or 1,310. Thereafter, the downwards trend should resume. The Elliott wave target is at 1,220. A target...
by Lara | Mar 28, 2019 | Gold |
Downwards movement has unfolded as expected. A clear breach of the channel on the daily chart now adds strong confidence to the preferred Elliott wave count and the next Elliott wave target. Summary: The Elliott wave target is at 1,220. A target calculated using the...
by Lara | Mar 27, 2019 | Gold |
For the short term, a little more upwards movement was expected to unfold. A close today below the channel on the daily chart after some downwards movement shifts this view. Summary: The downwards trend may have resumed. Strong confidence in this view may be had if...
