by Lara | Sep 21, 2016 | Gold |
Upwards movement was expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback begins....
by Lara | Sep 16, 2016 | Gold |
Upwards movement was expected for Friday’s session but did not happen. Price remains above the invalidation point on the daily chart, which is where final risk remains. Summary: Divergence between the last two swing lows for price and RSI indicate bears are...
by Lara | Aug 10, 2016 | Gold |
Again, upwards movement was expected. Summary: The trend is up. The target remains at 1,582. Further and substantial confidence may now be had in the trend and targets if price can move above 1,366.87. A new low below 1,310.84 would invalidate the main wave count and...
by Lara | Aug 5, 2016 | Gold |
A correction was expected to end about 1,347 – 1,346. A lower target was considered at 1,333. Price moved well below the preferred higher target. Summary: The trend is up. The target remains at 1,582. Monday may begin with a very little downwards movement before...
by Lara | Aug 2, 2016 | Gold |
Again, upwards movement unfolded as expected from the Elliott wave count and classic technical analysis. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one trade and...
by Lara | Aug 1, 2016 | Gold |
Upwards movement was expected for Monday. Overall, the session moved upwards to complete a green daily candlestick. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no more than 3-5% of equity on any one...
by Lara | Jul 27, 2016 | Gold |
Again, upwards movement was expected. A new high above 1,333.66 added further confidence to the main Elliott wave count. The target remains the same. Summary: The trend is up. The target remains at 1,582. Corrections are an opportunity to join the trend. Invest no...
by Lara | Jul 22, 2016 | Gold, Gold Historical |
In the short term, a small correction to about 1,325 was expected. Price moved lower, reaching 1,320. Summary: The correction still looks like it is over. A short term target for a strong third wave up is at 1,515. New updates to this analysis are in bold. Grand...
by Lara | Jul 19, 2016 | Gold |
The small pennant pattern noted in yesterday’s analysis continues to move price sideways in a narrow range. The breakout direction is expected to be the same. Summary: The trend is still up. A multi day correction against the trend is unfolding and still looks...
