by Lara | May 16, 2018 | Gold |
Another slight new low today remains above the invalidation point. Two short term scenarios are presented today. Summary: The target is now 1,416. Strong bullish divergence between price and Stochastics suggests a low is in place now, or very soon indeed with a...
by Lara | Apr 17, 2018 | Gold |
Overall, downwards movement was expected for this week. This is now what is happening. A channel may now be drawn on the hourly chart that may be useful for resistance. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this...
by Lara | Mar 28, 2018 | Gold |
The upwards swing has been proven by price to be over earlier than expected. Price remains range bound. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. Note: Price does not move in a straight line when it is within a...
by Lara | Mar 12, 2018 | Gold |
Overall, upwards movement was expected and so far continues with a slightly higher low for Monday. Pullbacks remain above the Elliott wave invalidation point. Summary: Expect overall upwards movement this week; momentum may increase in the next day or so. The target...
by Lara | Mar 9, 2018 | Gold |
A little more downwards movement to a target at 1,318 – 1,317 was expected before a reversal. Price moved lower and reversed 2.84 below the small target zone. Summary: Expect overall upwards movement next week. The target is at 1,391, but this may be too high....
by Lara | Feb 22, 2018 | Gold |
Price continued lower towards the target, which was at 1,328 – 1,324. The low for the session was 1.83 below the small target zone. Summary: It is possible price can continue lower while it remains within the best fit channel on the main hourly chart. If the...
by Lara | Feb 1, 2018 | Gold |
Last analysis expected a consolidation to continue. A long legged doji closed, which moved price essentially sideways as expected. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is also...
by Lara | Jan 31, 2018 | Gold |
Price continues to move sideways in a consolidation, which is what the last analysis expected. Volume during this consolidation may indicate the direction of the breakout, when it is done. Summary: A consolidation looks likely to have begun, and it may be as time...
by Lara | Jan 29, 2018 | Gold |
A breach of the channel on the daily and hourly Elliott wave charts indicates the alternate daily chart is more likely. Summary: A consolidation looks likely to have begun, and it may be as time consuming as a Fibonacci 13 or even 21 weeks. It is also possible it may...
