by Lara | Jul 3, 2018 | Gold |
A strong candlestick pattern indicates the next consolidation has arrived, $10 short of the target. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20....
by Lara | Jul 2, 2018 | Gold |
The Elliott wave target remains the same. Summary: The short term target is at 1,227 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower than 1,123.08. Always trade with stops to...
by Lara | Jun 28, 2018 | Gold |
As expected, downwards movement continues towards the Elliott wave target. Summary: The short term target is at 1,226 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower than 1,123.08....
by Lara | Jun 14, 2018 | Gold |
Upwards movement today has support from volume. This fits the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. If price does move lower, then it should...
by Lara | May 17, 2018 | Gold |
Downwards movement came very close to the target on the alternate hourly Elliott wave count. The main Elliott wave counts remain the same. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place now. If price...
by Lara | Apr 16, 2018 | Gold |
A downwards swing was expected to continue. Upwards movement during Monday’s session remains below the invalidation point, and the range for this session is small. Volume does not support upwards movement. Summary: Expect a downwards swing from here to support....
by Lara | Mar 29, 2018 | Gold |
Downwards movement has continued a little further as last analysis expected. For the short term, volume and On Balance Volume suggest the direction for Monday and possibly Tuesday as well. Summary: Expect this downwards swing to continue to support, which is at about...
by Lara | Feb 20, 2018 | Gold |
More downwards movement was expected, which is what has happened. Summary: Gold and GDX both remain range bound. In the short term, look for a little more downwards movement to end about 1,328 – 1,324; after this is done, look out for an upwards swing within the...
by Lara | Jan 30, 2018 | Gold |
More downwards movement for the short term was expected to a target at 1,333. Price moved lower to reach 1,334.53 before bouncing higher. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is...
