by Lara | Oct 16, 2018 | Gold |
Sideways movement was expected for Tuesday’s session. A small inside day completes as a doji candlestick, which exactly fits expectations. Summary: Some sideways and slightly lower movement may continue for another one to few days; it may reach as low as 1,210,...
by Lara | Oct 10, 2018 | Gold |
Another small range day remains within the consolidation zone. On Balance Volume remains range bound and may give a signal within a very few days. Summary: Price is range bound with resistance about 1,220 and support about 1,185. It is still a downwards day that has...
by Lara | Oct 8, 2018 | Gold |
Volume analysis still favours the first Elliott wave count. On Balance Volume is watched carefully this week. It may signal which Elliott wave count is most likely. Summary: Price is range bound with resistance about 1,220 and support about 1,185. It is still a...
by Lara | Oct 5, 2018 | Gold |
Sideways movement has continued this week. Volume may indicate the most likely breakout direction from the consolidation. On Balance Volume may give a signal next week. Summary: Price is range bound with resistance about 1,220 and support about 1,185. It is still a...
by Lara | Oct 1, 2018 | Gold |
Upwards movement was expected to be limited, and so far this is what is happening. Summary: There are at this time multiple alternate wave counts because of the expectation that a cycle degree b wave is unfolding. At this time, it may be best to use classic technical...
by Lara | Sep 27, 2018 | Gold |
Last analysis expected a downwards breakout from a small Elliott wave triangle was underway, which is exactly what is happening. Summary: There are at this time multiple alternate wave counts because of the expectation that a cycle degree b wave is unfolding. At this...
by Lara | Sep 13, 2018 | Gold |
A bounce for GDX and sideways movement for Gold were expected. So far both GDX and Gold are meeting expectations. Summary: The trend is down and may not be complete for Gold. Expect some more sideways movement before the trend continues. The target for Gold is now at...
by Lara | Sep 8, 2018 | Gold |
All four Elliott wave counts are reviewed in today’s end of week analysis. Summary: The trend is down and may not be complete for Gold. Expect some more downwards movement next week, although it is possible price may move sideways for another week or so to...
by Lara | Sep 5, 2018 | Gold |
GDX continues to move lower as expected, and is now close to the short term target at 17.37. Summary: GDX analysis remains bearish for the bigger picture, but now strong bullish divergence and a little weakness in volume today suggest another bounce here or very soon....
