by Lara | Aug 27, 2018 | Gold |
More upwards movement for the short term was expected for both Gold and GDX. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with a new high above 1,216.30. While price remains below 1,216.30, it is possible that...
by Lara | Aug 4, 2018 | Gold |
Downwards movement continued a little further as the main Elliott wave count expected, but fell 8.69 short of the target. Summary: A low may again be in place. Confidence may be had with a new high above 1,265.59. A target for a strong bounce here is about 1,304,...
by Lara | Jul 18, 2018 | Gold |
Price continued lower. Two short term pictures with a clear price point which differentiates them are presented today. Summary: While price remains below 1,247.37, then allow for new lows to the target at 1,216 – 1,211. If price starts to move higher and makes a...
by Lara | Jun 16, 2018 | Gold |
Downwards movement fits the alternate Elliott wave count, which was expected to have a lower probability. Low probability does not mean no probability; when low probability outcomes do occur, they will never be expected as what was most likely. That is the nature of...
by Lara | Jun 9, 2018 | Gold |
A small inside day closes green. Upwards movement overall fits with expectations for 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. There is a...
by Lara | Jun 5, 2018 | Gold |
A larger range day moves price overall higher, which fits expectations for the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and a cluster of long lower candlestick wicks, suggest a low may be in...
by Lara | May 26, 2018 | Gold |
A signal from On Balance Volume at the end of this week now offers support to the main Elliott wave count at weekly and daily time frames. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower...
by Lara | May 24, 2018 | Gold |
Strong upwards movement fits the main Elliott wave count. This was expected to show up sometime this week or early next week. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks,...
by Lara | May 19, 2018 | Gold |
Friday moved price a little higher. The main Elliott wave count remains correct so far. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place here or very soon. If price continues lower, a target is now at...
