by Lara | Sep 18, 2018 | Gold |
A small doji candlestick continues sideways movement. The expected direction for the breakout from this small consolidation is still the same. Summary: A small Elliott wave triangle looks like it may be very close to completion now for Gold. Look out for a downwards...
by Lara | Sep 14, 2018 | Gold |
Sideways movement this week continued for Gold exactly as expected. All four weekly Elliott wave counts will again be reviewed at the end of this week. Summary: The trend is down and may not be complete for Gold. Expect some more sideways movement before the trend...
by Lara | Sep 13, 2018 | Gold |
A bounce for GDX and sideways movement for Gold were expected. So far both GDX and Gold are meeting expectations. Summary: The trend is down and may not be complete for Gold. Expect some more sideways movement before the trend continues. The target for Gold is now at...
by Lara | Sep 12, 2018 | Gold |
Sideways movement continues within a small range. Within this range, volume and On Balance Volume may assist to indicate the most likely breakout direction. GDX is bouncing exactly as expected. Some specific advice on what to look out for today is given to members...
by Lara | Sep 10, 2018 | Gold |
For the short term, the two preferred Elliott wave counts (combination and triangle) expected downwards movement to begin the new trading week. So far that is what is happening. Summary: The trend is down and may not be complete for Gold. Expect some more downwards...
by Lara | Sep 6, 2018 | Gold |
GDX continues to move towards the short term target at 17.37. Gold looks to be neutral short term, with conflicting bullish and bearish indicators. Summary: GDX analysis remains bearish for the bigger picture, but now strong bullish divergence and a little weakness in...
by Lara | Sep 1, 2018 | Gold |
Price remains range bound. All Elliott wave counts remain valid. This week’s GDX analysis may indicate which Elliott wave count may be more likely for Gold. Summary: Analysis of GDX, which is bearish, supports the combination wave count for Gold; with confidence...
by Lara | Aug 28, 2018 | Gold |
Gold remains within a small range of uncertainty, but GDX analysis at this time looks clearer. With resistance holding as expected for GDX, some confidence in the trend and the target may still be had. Summary: It is again possible for Gold that a low may be in place,...
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...