by Lara | Oct 29, 2018 | Gold |
A small downwards swing was expected for the short term to a target about 1,220. Downwards movement for Monday to a low at 1,224.91 fits this expectation fairly well. Summary: A multi week consolidation may continue, which may end about 1,217 and may not move below...
by Lara | Sep 26, 2018 | Gold |
Price remains range bound. Volume analysis is used to indicate the most likely breakout direction. Summary: A small Elliott wave triangle looks like it may be complete for Gold. A downwards breakout is expected to be underway. Further confidence in this may be had if...
by Lara | Sep 4, 2018 | Gold |
Downwards movement was expected this week for Gold, which is exactly what is happening. Summary: Analysis of GDX, which is bearish, supports the combination wave count for Gold; with confidence in the analysis of GDX, the combination wave count has a higher...
by Lara | Aug 13, 2018 | Gold |
A downwards breakout from a Pennant pattern for Gold was expected for this week, which is exactly what has happened. Summary: With support from volume, GDX has effected a downwards breakout from a very long held consolidation (beginning December 2016). The target is...
by Lara | Jul 17, 2018 | Gold |
Last analysis presented a new alternate Elliott wave count for the short term that expected downwards movement that should have strength. A bearish signal yesterday from On Balance Volume supported this view, and members were warned in yesterday’s summary that...
by Lara | Jul 3, 2018 | Gold |
A strong candlestick pattern indicates the next consolidation has arrived, $10 short of the target. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20....
by Lara | Jul 2, 2018 | Gold |
The Elliott wave target remains the same. Summary: The short term target is at 1,227 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower than 1,123.08. Always trade with stops to...
by Lara | Jun 28, 2018 | Gold |
As expected, downwards movement continues towards the Elliott wave target. Summary: The short term target is at 1,226 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211. Downwards movement may be limited to no lower than 1,123.08....
by Lara | Jun 14, 2018 | Gold |
Upwards movement today has support from volume. This fits the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. If price does move lower, then it should...
