by Lara | Mar 26, 2019 | Gold |
For the short term, a little more upwards movement was expected to unfold as a zigzag. Price remains within the channel on the daily chart. Summary: For the very short term, this bounce is now expected to end about 1,330 to 1,332. Thereafter, a breach of the best fit...
by Lara | Mar 25, 2019 | Gold |
Price remains within the channel on the hourly chart and the flag pattern remains valid. Price has breached the short-term invalidation point on the hourly chart but remains below the invalidation point on the daily chart. Summary: For the short term, a breach of the...
by Lara | Mar 23, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 While the short-term invalidation point was breached on Friday, the larger picture remains mostly the same and has support from classic technical analysis. Summary: For the very short term, Monday may see a little more downwards movement. The short-term...
by Lara | Mar 22, 2019 | Gold |
A bounce on Friday remains below the short-term invalidation point for the hourly Elliott wave count. The mid and long-term targets remain the same. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be...
by Lara | Mar 21, 2019 | Gold |
A short-term Elliott wave target for upwards movement to end was calculated yesterday at 1,318 to 1,322. Upwards movement continued to a high at 1,319.80. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend...
by Lara | Mar 20, 2019 | Gold |
The flag pattern may continue, and the target calculated remains the same. Price remains below the invalidation point on the daily Elliott wave chart. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may...
by Lara | Mar 19, 2019 | Gold |
Price remains below the short-term invalidation point. Both short-term Elliott wave counts remain valid. A flag pattern is identified for Gold. A target is calculated using the flag pole. Summary: Three long-term targets are now calculated for cycle wave c to end....
by Lara | Mar 18, 2019 | Gold |
A little upwards movement remains below the invalidation point. A new short-term Elliott wave count is considered. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be had with a new low below...
by Lara | Mar 17, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement continued as the main Elliott wave count expected. The target remains the same. Summary: A close above resistance at 2,815 (November 2018 highs) on an upwards day with support from volume is a classic upwards breakout, and requires the...
