by Lara | Jun 6, 2019 | Gold |
An inside day with relatively weak volume fits the expectations for some consolidation after a blow off top. The final target zone remains the same. Summary: This upwards trend is expected to end above 1,346.45 but not above 1,365.68. Along the way up, one more small...
by Lara | May 15, 2019 | Gold |
The very short-term expectation at the hourly chart level was for some sideways movement. A slight lower low and lower high overall fits the expectation. Summary: There is strength in this upwards movement. The Elliott wave count now expects it to continue to end...
by Lara | Apr 23, 2019 | Gold |
Downwards movement continues. The Elliott wave target remains the same and is just $3 off a target calculated from the Head and Shoulders pattern. Summary: The Elliott wave target is at 1,220. The classic analysis target is at 1,217. Risk is just above the upper edge...
by Lara | Apr 1, 2019 | Gold |
A small range day leaves the Elliott wave count essentially the same. The target calculated using Elliott wave and Fibonacci ratios, and the target calculated using the last flag pattern, both remain the same. Summary: For the very short term, a small counter trend...
by Lara | Mar 9, 2019 | Gold, Gold Historical |
Upwards movement on Friday indicates the first wave down is complete. Fibonacci ratios are used to calculate targets. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be had with a new low below...
by Lara | Feb 14, 2019 | Gold |
Price remains range bound and strong support continues to hold. Price points for support and resistance are identified. A breakout is required for confidence in the next trend. Summary: A new high on an upwards day with support from volume would be a classic upwards...
by Lara | Jan 23, 2019 | Gold |
Upwards movement was expected. A higher high and a higher low fits the overall expectation. Summary: The first target for upwards movement to end is now at 1,300, which may be met within a very few days. If price keeps rising through the first target, then the next...
by Lara | Dec 20, 2018 | Gold |
Yesterday members of Elliott Wave Gold were given a target for more upwards movement and told to expect a further increase in upwards momentum. The target remains the same, and momentum is increasing exactly as expected. Summary: The next target is 1,295. Look out for...
by Lara | Nov 28, 2018 | Gold |
A pullback was expected to end about 1,209 and then be followed by upwards movement. The pullback has ended at 1,211.24, just 2.24 short of the target. This is now being followed by a strong upwards session. Summary: The upwards trend may now resume. The target...
