by Lara | May 22, 2018 | Gold |
Upwards movement has continued as the main Elliott wave count expected. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a low may be in place here or very soon. If...
by Lara | May 15, 2018 | Gold |
Last analysis warned it was possible that lows may again be tested, which is what has happened today. The Elliott wave target at 1,295 was inadequate; the low for the day was at 1,288.56. Summary: The target is now 1,418. Strong bullish divergence between price and...
by Lara | May 8, 2018 | Gold |
Downwards movement today remains within a small zone of recent support and resistance, and both Elliott wave counts remain valid. Summary: A new high now above 1,318.53 would provide confidence that a low is in place. A breach of the channels would provide substantial...
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 | May 3, 2018 | Gold |
Upwards movement continues as expected. Summary: It still looks like a low is in place. Price closed within support and Stochastics is oversold and exhibits bullish divergence. Expect an upwards swing at least, and likely an upwards breakout from the consolidation...
by Lara | May 2, 2018 | Gold |
Upwards movement was expected after last analysis. An inside day completed. The low so far remains in place. Summary: It still looks like a low is in place. Price closed within support and Stochastics is oversold and exhibits bullish divergence. Expect an upwards...
by Lara | Apr 25, 2018 | Gold |
Downwards movement was expected as likely, and this is what has happened. The target remains the same. Summary: The target zone for this downwards swing to end is now at 1,306 to 1,302. At its end this downwards swing may offer a very good entry point for a long...
by Lara | Apr 24, 2018 | Gold |
Last analysis expected that a small bounce may have begun. A green daily candlestick today fits this expectation exactly. Summary: The target zone for this downwards swing to end is now at 1,306 to 1,302. The bounce which unfolded today may be complete. If it is not...
by Lara | Apr 23, 2018 | Gold |
Downwards movement was expected to continue with strong momentum. This is exactly what has happened. Summary: The target for this downwards swing to end is still 1,306. Along the way down, there may be another multi day bounce that should remain below 1,333.84. It may...
