by Lara | May 9, 2019 | Gold |
Downwards movement was expected for Thursday’s session. An inside day sees price remain above identified support and below the Elliott wave invalidation point. Summary: Expect the downwards trend to resume. Look out now for a possible strong increase in...
by Lara | May 7, 2019 | Gold |
The bounce was expected to continue for Tuesday’s session, which is what has happened. Summary: For the short term, look for a bounce to possibly end about 1,289. Use the channels on the daily chart to show where price may find resistance. Thereafter, expect the...
by Lara | Apr 17, 2019 | Gold |
Price continues to move lower as all three Elliott wave counts expect. Targets remain the same. Summary: The downwards trend has resumed. There will be bounces and consolidations along the way down. Downwards momentum may now show some increase, and corrections may...
by Lara | Apr 15, 2019 | Gold |
This analysis overall expects a downwards trend, which is how the new trading week has begun. Summary: The downwards trend has resumed. There will be bounces and consolidations along the way down. Downwards momentum may now show some increase, and corrections may...
by Lara | Mar 26, 2019 | Gold |
For the short term, a little more upwards movement was expected to unfold as a zigzag. Price remains within the channel on the daily chart. Summary: For the very short term, this bounce is now expected to end about 1,330 to 1,332. Thereafter, a breach of the best fit...
by Lara | Mar 22, 2019 | Gold |
A bounce on Friday remains below the short-term invalidation point for the hourly Elliott wave count. The mid and long-term targets remain the same. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be...
by Lara | Mar 4, 2019 | Gold |
Downwards movement continues as all three Elliott wave counts expected. Summary: The long-term target is now calculated at 473. Confidence in this target may be had with a new low below 1,160.75. For the short term, expect downwards movement to continue. It may...
by Lara | Feb 28, 2019 | Gold |
The preferred Elliott wave count expected price to continue lower, which is exactly what has happened. A channel was used on the hourly chart to indicate where bounces may find resistance, and this has almost perfectly shown where the high for the session ended before...
by Lara | Feb 8, 2019 | Gold |
Downwards movement this week fits both short-term outlooks. Classic analysis is used to determine the probability of each with clear price points for a breakout. Summary: A new high on an upwards day with support from volume would be a classic upwards breakout. If...
