by Lara | Mar 27, 2018 | Gold |
An upwards swing was expected to continue. Price has made a new high and downwards movement within the session remains above the invalidation point. Summary: Expect more upwards movement to a minimum at 1,359.42. The target is now at 1,367 to 1,369. When this upwards...
by Lara | Mar 24, 2018 | Gold |
A pullback was expected to end about 1,318 and an upwards swing to resume there, but the pullback was already over and upwards movement continued. Summary: Look for a little sideways or lower movement to begin the new week, which may end about 1,344. Thereafter, the...
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 | Mar 20, 2018 | Gold |
Price is range bound, moving sideways. The Elliott wave counts expect a B wave may be about halfway through. An alternate idea of a new downwards trend is also considered at the daily chart level today. Summary: Two bearish signals from On Balance Volume indicate it...
by Lara | Mar 19, 2018 | Gold |
Another test of support about 1,310 to 1,305 was expected. This is what has happened. Summary: Expect the upwards swing to resume, which may be choppy and overlapping. The target at 1,391 may be too high; upwards movement may find strong resistance about 1,365 –...
by Lara | Mar 15, 2018 | Gold |
A breach of the channel on the hourly chart indicated more downwards movement was then expected. The target has been adjusted, which is now within a strong support zone. Summary: Look out for another test of support about 1,310 – 1,305. Thereafter, expect the...
by Lara | Mar 13, 2018 | Gold |
Upwards movement continues as this analysis expects. A new alternate hourly Elliott wave count is considered today. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target is at 1,391, but this may be too high. For...
by Lara | Mar 8, 2018 | Gold |
A downwards day was expected for Thursday, and this is exactly what happened. The target is now calculated at two degrees to a small $1 zone. Summary: Look for downwards movement now to end about 1,318 – 1,317. Thereafter, the upwards swing may resume. Expect...
by Lara | Mar 5, 2018 | Gold |
Upwards movement was expected. A higher high and a higher low for Monday’s session saw price move overall higher. Summary: Expect now an upwards swing for a few days. The target is at 1,391, but this may be a little too high. New updates to this analysis are in...
