by Lara | Nov 13, 2019 | Gold |
In yesterday’s analysis members were warned to look for a small bounce to about 1,472 for the short term. A small range upwards day with a high at 1,466.29 fits this expectation. Summary: For the very short term, look out for this small bounce to end about 1,472...
by Lara | Nov 11, 2019 | Gold |
Price continues lower as the main Elliott wave count expected. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about 1,431. For the very short term, a new high above 1,514.29 would add some confidence in a more bullish...
by Lara | Nov 7, 2019 | Gold |
Today’s Stockcharts data shows a downwards breakout from the triangle. The targets remain the same. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about 1,431. For the very short term, a new high above 1,516.65...
by Lara | Nov 1, 2019 | Gold |
A little upwards movement reaches resistance at the upper trend line of a small ascending triangle. All three Elliott wave counts remain valid. Summary: For the very short term, a new low below 1,482.52 would add confidence in a more bearish outlook. The target would...
by Lara | Oct 29, 2019 | Gold |
Price remains range bound. The ascending triangle remains valid. Summary: For the very short term, a new low below 1,481.55 would add confidence in a more bearish outlook. The target would be at 1,348. For the very short term, a new high above 1,516.65 would add some...
by Lara | Oct 28, 2019 | Gold |
Downwards movement sees price remain below resistance and within a triangle pattern. All three Elliott wave counts remain the same. Summary: For the very short term, a new low below 1,481.55 would add confidence in a more bearish outlook. The target would be at 1,348....
by Lara | Oct 24, 2019 | Gold |
Price remains within the pennant trend lines and below resistance. All three Elliott wave counts remain valid. Today volume suggests the bearish alternate or bullish wave counts may be more likely. Summary: A new low below 1,456.64 would provide confidence that the...
by Lara | Oct 23, 2019 | Gold |
There has been no breakout yet. The target from the pennant and the Elliott wave targets remain the same. Summary: A downwards breakout may happen soon. A new low below 1,456.64 would provide confidence that the downward trend has resumed. The short-term target may be...
by Lara | Oct 22, 2019 | Gold |
Another small range day with light volume sees all three Elliott wave counts remain valid. Today the pennant has lasted 15 sessions, so tomorrow may see a breakout. Summary: A downwards breakout may happen tomorrow. A new low below 1,456.64 would provide confidence...
