by Lara | Oct 19, 2017 | Gold |
In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable. Advice is given today on how to manage positions with...
by Lara | Aug 17, 2017 | Gold |
Price has continued to move higher as was expected for the session by both Elliott wave counts. Summary: A short term target is now at 1,307. The final target is still at 1,320. The trend still looks to be upwards. Pullbacks are an opportunity to join the trend....
by Lara | Jul 6, 2017 | Gold |
Some upwards movement was expected, which is exactly what has happened. Summary: Expect a small bounce to end either about 1,228 – 1,230, or a little below 1,228. Thereafter, look out for strong downwards movement. This correction is an opportunity to join the...
by Lara | May 31, 2017 | Gold, Public Analysis |
Downwards movement was expected for Wednesday’s session, but this is not what happened. Summary: A high may again be in place here or very soon indeed. When the new channel on the hourly chart is breached, then confidence may be had in this view. The target is...
by Lara | May 9, 2017 | Gold |
The target at 1,214 was met. However, the Elliott wave structure is incomplete with conditions entering oversold and On Balance Volume again at support. Summary: The target is now at 1,202. If price makes a new high short term above 1,225.18, then the probability that...
by Lara | Mar 27, 2017 | Gold |
Downwards movement was expected to start the new trading week, but this is not what happened. Summary: Resistance on On Balance Volume and the 200 day moving average may be enough to turn price here down. In the short term, a new low below 1,252.75 would add a little...
by Lara | Dec 6, 2016 | Gold |
Price has moved sideways to complete a very small inside day. The analysis is essentially unchanged. Summary: It looks like Gold is finding a low. Confidence in a trend change would come with a new high above 1,232.48. Double divergence now with RSI strongly indicates...
by Lara | Sep 13, 2016 | Gold |
Upwards movement was expected for Tuesday’s session but did not happen. Price moved lower but remains above the invalidation point. Summary: Price should turn upwards as an upwards trend develops. Range and volatility are expected to increase. The long term...
by Lara | Jul 28, 2016 | Gold |
A little upwards movement was followed by some downwards movement, exactly as expected. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and always use a stop...
