by Lara | Jul 7, 2018 | Gold |
Sideways movement to end the week fits the short term expectations for the Elliott wave count. 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. When...
by Lara | May 29, 2018 | Gold |
A slightly downwards day closes as a doji, and downwards movement remains above the short term invalidation point. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower candlestick wicks, suggest a...
by Lara | May 1, 2018 | Gold |
The target for downwards movement to end, if it continued for one more day, was 1,306. This target has been exceeded by 4.15. Summary: It looks like a low is in place today. Price has closed within support and Stochastics is oversold and exhibits bullish divergence....
by Lara | Apr 30, 2018 | Gold |
The target for a downwards swing to end was about 1,306. Today price moved lower to reach 1,310. Summary: The downwards swing may be over at today’s low. In the first instance, a new high above 1,320.61 would offer confidence a low is in place. Reasonable...
by Lara | Apr 3, 2018 | Gold |
The bounce was expected to be over with one slight new high or at Monday’s high. A downwards swing was expected to continue this week, which is what is happening. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The...
by Lara | Mar 17, 2018 | Gold |
Another test of support about 1,310 to 1,305 was expected. This is what has happened. Summary: Expect the upwards swing to resume, which may be choppy and overlapping. The target at 1,391 may be too high; upwards movement may find strong resistance about 1,365 –...
by Lara | Feb 26, 2018 | Gold |
To start the new trading week upwards movement was expected. A higher high and a higher low fits expectations for Monday’s session. Summary: Look for price to continue now in an upwards swing to end above 1,361.46. The target is at 1,375. New updates to this...
by Lara | Feb 5, 2018 | Gold |
Gold continues to be range bound exactly as expected. Summary: This consolidation may continue for another 12 weeks (including this week). It may be choppy and overlapping, or it may be a sharper pullback. Support may be about 1,315 or possibly as low as 1,284....
by Lara | Dec 6, 2017 | Gold, Public Analysis |
Last analysis advised members to hold onto short positions which should have been entered just prior to or at the downwards breakout. Targets are given today using a classic symmetrical triangle pattern and Elliott wave counts. Summary: The classic analysis target is...
