by Lara | May 16, 2019 | Gold |
Two main Elliott wave counts are published today. Confidence and invalidation points will be used to indicate which is correct. Summary: The main view today remains bullish. A mid-term target is now at 1,324 where a consolidation within the new upwards trend may...
by Lara | Apr 24, 2019 | Gold |
Downwards movement continues as the larger picture for the Elliott wave and technical analysis expects for Gold. Targets remain the same. Summary: The Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge of the...
by Lara | Apr 2, 2019 | Gold |
A little upwards movement was expected. After a slight new low price has turned and moved higher. The short-term Elliott wave count remains mostly the same but the short-term target is recalculated. Summary: For the very short term, a small counter trend bounce may...
by Lara | Mar 11, 2019 | Gold |
A small range inside day sees the Elliott wave count remain the same. The target remains the same. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be had with a new low below 1,160.75. For the short...
by Lara | Feb 16, 2019 | Gold |
Price still remains within an identified consolidation zone. Friday’s strong upwards day lacks support from volume. The breakout from a flag pattern is suspicious. Summary: A new high above 1,325.74 is required for confidence that the upwards trend remains. The...
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...