by Lara | Apr 15, 2019 | Gold |
This analysis overall expects a downwards trend, which is how the new trading week has begun. Summary: The downwards trend has resumed. There will be bounces and consolidations along the way down. Downwards momentum may now show some increase, and corrections may...
by Lara | Apr 10, 2019 | Gold |
A little more upwards movement was expected for Wednesday to end about 1,307 to 1,310. Upwards movement has continued to reach a high at 1,310.17 so far. Summary: While price remains below the upper edge of the base channel, expect it to find resistance there. This...
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 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 | Feb 28, 2019 | Gold |
The preferred Elliott wave count expected price to continue lower, which is exactly what has happened. A channel was used on the hourly chart to indicate where bounces may find resistance, and this has almost perfectly shown where the high for the session ended before...
by Lara | Feb 25, 2019 | Gold |
Overall, the week has begun with some sideways movement. For the short term, this is what the preferred Elliott wave count expected. Summary: Both a Shooting Star on the weekly chart and an Evening Star on the daily chart indicate a high may be in place. Next, a close...
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 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 2, 2019 | Gold |
I’ve videoed the process today of developing part of the Elliott wave count for Gold on the hourly chart. Some members may find this useful in learning Elliott wave and having a deeper understanding of the current Elliott wave structure and expectations for next...
