by Lara | Feb 12, 2019 | Gold |
A small range inside day leaves all Elliott wave counts unchanged today. Summary: A new high on an upwards day with support from volume would be a classic upwards breakout. If that happens, then the target is at 1,338. A new low now below 1,302.62 would indicate a...
by Lara | Feb 11, 2019 | Gold |
Price remains within the consolidation zone. While strong support holds, the preferred Elliott wave count will remain at a critical juncture. Summary: A new high on an upwards day with support from volume would be a classic upwards breakout. If that happens, then the...
by Lara | Feb 9, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Price moved overall lower as yesterday’s analysis expected. Summary: A breach of the black Elliott channel has indicated primary wave 2 has arrived. Primary wave 2 may last about a Fibonacci 13, 21 or 34 sessions in total. The first target is the...
by Lara | Feb 8, 2019 | Gold |
Downwards movement this week fits both short-term outlooks. Classic analysis is used to determine the probability of each with clear price points for a breakout. Summary: A new high on an upwards day with support from volume would be a classic upwards breakout. If...
by Lara | Feb 7, 2019 | Gold
With the preferred Elliott wave count at a very important juncture, it is time to take a clean slate and see if a wave count which expects the opposite could be true. This video follows that process:
by Lara | Feb 7, 2019 | Gold |
Closure of the last gap is an important signal. This analysis now slightly shifts away from yesterday’s neutral stance. Summary: The last five sessions may be the start of a new downwards trend, or a small pullback within an ongoing upwards trend. Today there is...
by Lara | Feb 6, 2019 | Gold |
Price remains within the channel. At this stage, the analysis has now switched to neutral, awaiting technical indication of a trend change or a continuation of the existing trend. Summary: The last four sessions may be the start of a new downwards trend, or a small...
by Lara | Feb 5, 2019 | Gold |
A channel is used to indicate a trend change. While price remains within the channel, the upwards trend should be assumed to continue. Summary: The next Elliott wave target is at 1,338. The next classic analysis target is at 1,349. Assume the trend remains the same...
by Lara | Feb 4, 2019 | Gold |
Two targets are provided: one using Elliott wave and the other a classic analysis target using the last gap. Summary: The next Elliott wave target is at 1,338. The next classic analysis target is at 1,349. Assume the trend remains the same until proven otherwise. For...
