by Lara | May 14, 2018 | Gold |
The hourly chart in last analysis expected a pullback for the short term, which is currently unfolding. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. For the short...
by Lara | May 12, 2018 | Gold |
Upwards movement continues overall as the main Elliott wave count expects. Both the main and alternate Elliott wave counts remain valid. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new...
by Lara | May 7, 2018 | Gold |
Price continues to move higher as the main Elliott wave count expects. The weakness of upwards movement during the last four days has prompted me to produce an alternate, even though price has been moving in the expected direction. Summary: A low may still be in...
by Lara | Apr 9, 2018 | Gold |
Upwards movement to a target at 1,338 was expected for Monday. So far upwards movement has reached 1,337.79. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support...
by Lara | Mar 22, 2018 | Gold |
A downwards reaction was expected after a strong upwards thrust. Fibonacci ratios are used as targets for this pullback to end. Summary: Look for the pullback to end about 1,318. Thereafter, expect the upwards swing to continue to a target at 1,367. New updates to...
by Lara | Feb 12, 2018 | Gold |
Price is moving slowly higher as last analysis expected it to. Summary: Price is at support. For the short term, a new high above 1,327.81 and then above the yellow best fit channel would indicate an end to the downwards swing and the start of a new upwards swing. An...
by Lara | Jan 22, 2018 | Gold |
Sideways movement continues. The short term picture at the hourly chart level is now changed with changing market conditions. With the high remaining in place, the main wave count is the same at the daily chart level. Summary: The main wave count expects a trend...