by Lara | Oct 25, 2018 | Gold |
Another small range day remains within identified support and resistance. A consolidation was expected to continue. Summary: Another multi week consolidation may have begun, which may end about 1,217 and may not move below 1,201.14. Resistance is about 1,240 and...
by Lara | Sep 24, 2018 | Gold |
A small range inside day does not change the Elliott wave counts. All three daily Elliott wave counts remain valid. Volume today supports the main Elliott wave count. Summary: A small Elliott wave triangle looks like it may be complete now for Gold. A downwards...
by Lara | Sep 1, 2018 | Gold |
Price remains range bound. All Elliott wave counts remain valid. This week’s GDX analysis may indicate which Elliott wave count may be more likely for Gold. Summary: Analysis of GDX, which is bearish, supports the combination wave count for Gold; with confidence...
by Lara | Aug 9, 2018 | Gold |
Sideways movement over the last couple of weeks still mostly fits the main Elliott wave count for Gold. A short term alternate is still provided. Summary: With support from volume, GDX has effected a downwards breakout from a very long held consolidation (beginning...
by Lara | Jun 12, 2018 | Gold |
With a sideways range day, the Elliott Wave counts remain the same. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a low may be in place here or very soon. If price does move lower, then it should find very strong...
by Lara | May 15, 2018 | Gold |
Last analysis warned it was possible that lows may again be tested, which is what has happened today. The Elliott wave target at 1,295 was inadequate; the low for the day was at 1,288.56. Summary: The target is now 1,418. Strong bullish divergence between price and...
by Lara | Apr 14, 2018 | Gold |
A bounce was expected to turn up within 24 hours, which is what has happened. Summary: Expect a downwards swing from here to support. The target is at 1,306. Do not expect this swing to move in a straight line. The first of two bounces along the way down may be over...
by Lara | Mar 27, 2018 | Gold |
An upwards swing was expected to continue. Price has made a new high and downwards movement within the session remains above the invalidation point. Summary: Expect more upwards movement to a minimum at 1,359.42. The target is now at 1,367 to 1,369. When this upwards...
by Lara | Mar 8, 2018 | Gold |
A downwards day was expected for Thursday, and this is exactly what happened. The target is now calculated at two degrees to a small $1 zone. Summary: Look for downwards movement now to end about 1,318 – 1,317. Thereafter, the upwards swing may resume. Expect...
