by Lara | May 31, 2017 | Gold, Public Analysis |
Downwards movement was expected for Wednesday’s session, but this is not what happened. Summary: A high may again be in place here or very soon indeed. When the new channel on the hourly chart is breached, then confidence may be had in this view. The target is...
by Lara | May 19, 2017 | Gold |
A downwards day, which was expected as most likely, followed the blow off top. Summary: It may be slightly more likely that price may move sideways and slowly higher towards 1,276 (the target may be too high). Alternatively, a high may be in place now and this would...
by Lara | Apr 21, 2017 | Gold, Public Analysis |
A weak upwards day exactly fits the expectation from last analysis. Summary: The correction is still most likely incomplete. It may continue further for yet another one to few days. Thereafter, the upwards trend should resume. The target for long positions remains at...
by Lara | Apr 14, 2017 | GDX, Gold |
Upwards movement continues and price has remained within the upper half of the channel on the hourly chart, which was expected at this stage. Trading advice is given to members to manage long positions towards the end of this week. Summary: In the short term, a...
by Lara | Apr 6, 2017 | Gold |
An upwards breakout was again expected, but price remains range bound. Summary: Look out for strong upwards movement from both Gold and GDX, which may happen during a price shock instigated by the release of Non Farm Payroll data during tomorrow’s session. The...
by Lara | Mar 27, 2017 | Gold |
Downwards movement was expected to start the new trading week, but this is not what happened. Summary: Resistance on On Balance Volume and the 200 day moving average may be enough to turn price here down. In the short term, a new low below 1,252.75 would add a little...
by Lara | Mar 15, 2017 | Gold |
Price moved strongly higher exactly as the Elliott wave count expected for a third wave up. Targets remain the same. Summary: Reasonable confidence is had today in the Elliott wave count. The structure of this upwards wave is incomplete and for now the invalidation...
by Lara | Mar 13, 2017 | Gold |
Price has moved overall higher as expected from the main hourly Elliott wave count in last analysis. Summary: A little confidence may be had in a trend change, but weak volume and a long upper wick on Monday’s candlestick is concerning. It is possible we may see...
by Lara | Feb 27, 2017 | Gold |
More upwards movement continued to start the new week as the main Elliott wave count expected. Summary: Use the channel on the second hourly chart and the channel on the alternate hourly chart. Assume the upwards trend remains the same while price remains within the...
