by Lara | Mar 1, 2018 | Gold |
Price moved lower as expected, turning just 3.08 above the second target. A new low below 1,307.09 has invalidated the alternate Elliott wave count. 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...
by Lara | Feb 28, 2018 | Gold |
A small inside day does not change the Elliott wave count at this time. Summary: Two targets for a little more downwards movement are 1,310 and 1,300. Thereafter, look for an upwards swing to begin. New updates to this analysis are in bold. Grand SuperCycle analysis...
by Lara | Feb 27, 2018 | Gold |
Upwards movement was expected to continue, but members were warned that when price is within a consolidation it does not move in a straight line. Strong downwards movement today remains above support. Summary: Look for this downwards swing to end about 1,310 –...
by Lara | Feb 24, 2018 | Gold |
Upwards movement was expected. Price has moved mostly sideways, with a very slight new high. Downwards movement for Friday’s session remains well above the Elliott wave invalidation point and well above the prior day’s low. Summary: Look for price to...
by Lara | Feb 19, 2018 | Gold |
A little more downwards movement has unfolded for Monday exactly as expected. With New York closed for Presidents’ day, a very quiet session for Monday sees no change to the analysis. Summary: Gold and GDX both remain range bound. In the short term, look out for...
by Lara | Feb 17, 2018 | Gold |
For Friday’s session a pullback was expected after a slight new high. This is exactly what happened. Summary: Gold and GDX both remain range bound. In the short term, look out for a little more downwards movement to start next week, which could be a small...
by Lara | Feb 13, 2018 | Gold |
Upwards movement continued as expected. Today’s classic analysis sees a new idea for the short term as now more likely. Summary: Price is again right at resistance at the upper edge of the yellow best fit channel on hourly charts. Volume strongly suggests a...
by Lara | Feb 12, 2018 | Gold |
Price is moving slowly higher as last analysis expected it to. Summary: Price is at support. For the short term, a new high above 1,327.81 and then above the yellow best fit channel would indicate an end to the downwards swing and the start of a new upwards swing. An...
by Lara | Feb 10, 2018 | Gold |
Last analysis expected support to hold, and it has. Summary: Price is at support. For the short term, a new high above 1,327.81 and then above the yellow best fit channel would indicate an end to the downwards swing and the start of a new upwards swing. The target is...
