by Lara | Sep 6, 2018 | Gold |
GDX continues to move towards the short term target at 17.37. Gold looks to be neutral short term, with conflicting bullish and bearish indicators. Summary: GDX analysis remains bearish for the bigger picture, but now strong bullish divergence and a little weakness in...
by Lara | Aug 15, 2018 | Gold |
Again, downwards movement continues for both Gold and GDX as last analysis expected. New targets are calculated for Gold and GDX. The long term target for GDX remains the same. Members are given some advice on how to manage short positions for GDX today. Summary: With...
by Lara | Jul 24, 2018 | Gold |
Downwards movement remains above the invalidation point on the hourly chart and within the allowable range for the Elliott wave count. Summary: It still is reasonably likely that a low is in place for Gold for the short to mid term. A bounce up now to about 1,307 is...
by Lara | Jun 21, 2018 | Gold |
For the short term, today’s candlestick and Stochastics indicate what may happen next and the Elliott wave count provides Fibonacci ratios for targets. Summary: The triangle wave count is now preferred. The zigzag wave count will be discarded if price prints a...
by Lara | May 22, 2018 | Gold |
Upwards movement has continued as the main Elliott wave count expected. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a low may be in place here or very soon. If...
by Lara | May 2, 2018 | Gold |
Upwards movement was expected after last analysis. An inside day completed. The low so far remains in place. Summary: It still looks like a low is in place. Price closed within support and Stochastics is oversold and exhibits bullish divergence. Expect an upwards...
by Lara | Apr 18, 2018 | Gold |
Upwards movement has breached the invalidation point on the hourly chart. The short term structure of the last four sessions is reanalysed. Summary: Overall, still expect a downwards swing from here to support. Use the wide channel on the hourly chart for confidence...
by Lara | Mar 13, 2018 | Gold |
Upwards movement continues as this analysis expects. A new alternate hourly Elliott wave count is considered today. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target is at 1,391, but this may be too high. For...
by Lara | Feb 24, 2018 | Gold |
Upwards movement was expected. Price has moved mostly sideways, with a very slight new high. Downwards movement for Friday’s session remains well above the Elliott wave invalidation point and well above the prior day’s low. Summary: Look for price to...
