by Lara | Mar 13, 2019 | Gold |
A little more upwards movement to a preferred target at 1,306.69 was expected for the short term. The high for the session was at 1,310.99, $4.30 above the target. The Elliott wave count remains the same. Summary: Three long-term targets are now calculated for cycle...
by Lara | Feb 19, 2019 | Gold |
The target at 1,338 to 1,341 is now met. Summary: The target using the flag pole is 1,375. However, this upwards movement is now overbought. This target may be too optimistic. New updates to this analysis are in bold. Grand SuperCycle analysis is here. Last historic...
by Lara | Jan 28, 2019 | Gold |
A little sideways movement was expected for the short term when markets opened for the new week. This is mostly what has happened. Monday’s session completes a long legged doji with a slightly higher high. Summary: A short and final upwards wave may unfold to...
by Lara | Jan 4, 2019 | Gold |
The target for upwards movement to end was at 1,295. Friday’s high at 1,295.98 almost perfectly met expectations. Members were warned to look out for a sharp reversal after the upwards wave ended. Summary: A sideways consolidation is now expected for a fourth...
by Lara | Dec 3, 2018 | Gold |
Price has moved higher exactly as the preferred Elliott wave count expected for Gold. Summary: The upwards trend may now resume. The target remains the same at 1,295. The final target for this bounce to end is about 1,305 – 1,310. New updates to this analysis...
by Lara | Nov 10, 2018 | Gold |
More downwards movement was expected as possible, but a close below support is more bearish than expected. Summary: Friday completes a classic downwards breakout below support. Look for next support about 1,185. Have confidence in a downwards trend if price makes a...
by Lara | Oct 17, 2018 | Gold |
Sideways and slightly lower movement was expected to continue. A small range day moved price lower, closing as a doji candlestick; this fits expectations for the Elliott wave counts. Summary: Some sideways and slightly lower movement may continue for another one to...
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 | Aug 23, 2018 | Gold |
Some downwards movement was expected for Gold and that is what has happened for the short term for both wave counts, which are now being followed on a daily basis. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with...