by Lara | Jan 24, 2019 | Gold |
A small range day remains within a consolidation zone. The breakout is still expected to be in the same direction. Summary: The first target for upwards movement to end is now at 1,300, which may be met within a very few days. If price keeps rising through the first...
by Lara | Jan 23, 2019 | Gold |
Upwards movement was expected. A higher high and a higher low fits the overall expectation. Summary: The first target for upwards movement to end is now at 1,300, which may be met within a very few days. If price keeps rising through the first target, then the next...
by Lara | Jan 22, 2019 | Gold |
Fibonacci ratios are used with the Elliott wave count to calculate targets for a final high. Summary: The first target for upwards movement to end is now at 1,300, which may be met within a very few days. Thereafter, a huge trend change is expected: a new wave down to...
by Lara | Jan 21, 2019 | Gold |
A little more downwards movement remains within the current consolidation zone. Only one hourly Elliott wave count now remains, giving some clarity on the structure of the correction. Summary: A fourth wave may end within the next few hours. The target for one final...
by Lara | Jan 19, 2019 | Gold, Lara's Weekly, S&P500, US Oil |
S&P 500 Upwards movement has continued all week exactly as expected. Price has reached the target and exceeded it by 2.47 points, but the Elliott wave structure is incomplete. A new target is calculated. Summary: The target for intermediate wave (1) to end is now...
by Lara | Jan 18, 2019 | Gold |
A downwards day remains within the consolidation zone. The Elliott wave count remains valid. Summary: A sideways consolidation is now expected for a fourth wave to end next week. It may be very shallow, with support about 1,277 and resistance about 1,297. The breakout...
by Lara | Jan 17, 2019 | Gold |
The Elliott wave count remains the same. It expected more sideways movement. Summary: A sideways consolidation is now expected for a fourth wave to continue still for another few sessions. It may be very shallow, with support about 1,277 and resistance about 1,297....
by Lara | Jan 16, 2019 | Gold |
Sideways movement continues to complete a small pennant pattern. The Elliott wave count remains the same. Summary: A sideways consolidation is now expected for a fourth wave to continue for another few sessions. It may be very shallow, with support about 1,277 and...
by Lara | Jan 15, 2019 | Gold |
Both Elliott wave counts expected more sideways movement, which is what has happened. The breakout is expected to be in the same direction from the Elliott wave count and from classic technical analysis of the current pattern. Summary: A sideways consolidation is now...
