by Lara | May 16, 2018 | Gold |
Another slight new low today remains above the invalidation point. Two short term scenarios are presented today. Summary: The target is now 1,416. Strong bullish divergence between price and Stochastics suggests a low is in place now, or very soon indeed with a...
by Lara | May 9, 2018 | Gold |
Sideways movement to complete an outside day sees price remain within the current consolidation zone and within the Elliott wave channels. Both the main and alternate Elliott wave counts remain valid. Summary: A new high now above 1,318.53 would provide confidence...
by Lara | Apr 11, 2018 | Gold |
The main hourly wave count expected upwards movement but the target at 1,349 was inadequate. Specific trading advice is given today for GDX, which may have today broken out of a symmetrical triangle structure. Summary: Today’s session looks strongly like a blow...
by Lara | Mar 28, 2018 | Gold |
The upwards swing has been proven by price to be over earlier than expected. Price remains range bound. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. Note: Price does not move in a straight line when it is within a...
by Lara | Mar 9, 2018 | Gold |
A little more downwards movement to a target at 1,318 – 1,317 was expected before a reversal. Price moved lower and reversed 2.84 below the small target zone. Summary: Expect overall upwards movement next week. The target is at 1,391, but this may be too high....
by Lara | Mar 6, 2018 | Gold |
Upwards movement continues as expected, with an expected increase in momentum and now some support from volume. The target remains the same. Summary: Expect this upwards swing to continue for a few days. The target is at 1,391, but this may be a little too high. New...
by Lara | Feb 14, 2018 | Gold |
Again, upwards movement continued as expected. A breach of the best fit channel on the hourly chart about an hour after publication of last analysis indicated more upwards movement, which is what then happened. Summary: Look for upwards movement to continue, very...
by Lara | Feb 1, 2018 | Gold |
Last analysis expected a consolidation to continue. A long legged doji closed, which moved price essentially sideways as expected. 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 also...
by Lara | Jan 29, 2018 | Gold |
A breach of the channel on the daily and hourly Elliott wave charts indicates the alternate daily chart is more likely. 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 also possible it may...
