by Lara | Dec 28, 2018 | Gold |
Updates to analysis throughout the week have expected a continuation of upwards movement towards the target. This is exactly what has happened. Summary: The next target is 1,295. Look out for a possible further increase in upwards momentum towards this target. A...
by Lara | Dec 18, 2018 | Gold |
Upwards movement continues as the preferred Elliott wave count expects. A slight new high now changes the Elliott wave structure for two of the four Elliott wave counts. Summary: The mid-term target is 1,295. The final target for this bounce to end is about 1,305...
by Lara | Dec 14, 2018 | Gold |
A pullback was expected to end about 1,235. Downwards movement for Friday reached 1,232.98 and then quickly reversed. Summary: The upwards trend may now resume. The mid-term target is 1,295. The final target for this bounce to end is about 1,305 – 1,310. New...
by Lara | Dec 1, 2018 | Gold |
A small range week leaves all Elliott wave counts valid. The target on the preferred Elliott wave count remains the same. Summary: The upwards trend may now resume. The target remains the same at 1,295. The final target for this bounce to end is about 1,305 –...
by Lara | Nov 26, 2018 | Gold |
Downwards movement was expected to begin the new trading week. An inside day closes red, which mostly fits expectations. Summary: For the very short term, another pullback to about 1,217 may unfold before upwards movement resumes. The target for the short term is...
by Lara | Nov 22, 2018 | Gold |
With markets in the US closed for Thanksgiving Day, a very quiet 24 hours sees a very small doji candlestick leave the analysis the same. Summary: For the very short term, another pullback to about 1,209 may unfold before upwards movement resumes. Wait for the channel...
by Lara | Nov 8, 2018 | Gold |
A little more downwards movement has unfolded as expected. Summary: A multi-week consolidation may continue, which may not move below 1,201.14. Risk to any long positions here remains at 1,201.14. The consolidation may be unfolding as an Elliott wave triangle; the...
by Lara | Nov 3, 2018 | Gold |
A small inside day leaves all Elliott wave counts unchanged. Summary: A multi-week consolidation may continue, which may not move below 1,201.14. Risk to any long positions here remains at 1,201.14. Next week may see a downwards swing which could be the last swing...
by Lara | Oct 31, 2018 | Gold |
Downwards movement was not expected for Wednesday, but price remains above the invalidation point and the preferred Elliott wave count remains valid. Summary: A multi-week consolidation may continue, which may not move below 1,201.14. Risk to any long positions here...
