by Lara | Jun 19, 2018 | Gold, Gold Historical |
Another new low was expected. This is so far what is happening. The bigger picture is updated today with a new weekly wave count. Summary: In the first instance, look now for support at the black (2)-(4) trend line on the first weekly chart (zigzag). The target for...
by Lara | Jun 5, 2018 | Gold |
A larger range day moves price overall higher, which fits expectations for the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and a cluster of long lower candlestick wicks, suggest a low may be in...
by Lara | May 26, 2018 | Gold |
A signal from On Balance Volume at the end of this week now offers support to the main Elliott wave count at weekly and daily time frames. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics, and now a cluster of long lower...
by Lara | May 14, 2018 | Gold |
The hourly chart in last analysis expected a pullback for the short term, which is currently unfolding. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. For the short...
by Lara | May 7, 2018 | Gold |
Price continues to move higher as the main Elliott wave count expects. The weakness of upwards movement during the last four days has prompted me to produce an alternate, even though price has been moving in the expected direction. Summary: A low may still be in...
by Lara | Apr 9, 2018 | Gold |
Upwards movement to a target at 1,338 was expected for Monday. So far upwards movement has reached 1,337.79. Summary: Expect this downwards swing to continue to support, which is at about 1,310 to 1,305. The target is at 1,312, which is now just above the support...
by Lara | Mar 22, 2018 | Gold |
A downwards reaction was expected after a strong upwards thrust. Fibonacci ratios are used as targets for this pullback to end. Summary: Look for the pullback to end about 1,318. Thereafter, expect the upwards swing to continue to a target at 1,367. New updates to...
by Lara | Feb 12, 2018 | Gold |
Price is moving slowly higher as last analysis expected it to. Summary: Price is at support. For the short term, a new high above 1,327.81 and then above the yellow best fit channel would indicate an end to the downwards swing and the start of a new upwards swing. An...
by Lara | Jan 22, 2018 | Gold |
Sideways movement continues. The short term picture at the hourly chart level is now changed with changing market conditions. With the high remaining in place, the main wave count is the same at the daily chart level. Summary: The main wave count expects a trend...
