by Lara | Feb 17, 2018 | Gold |
For Friday’s session a pullback was expected after a slight new high. This is exactly what happened. Summary: Gold and GDX both remain range bound. In the short term, look out for a little more downwards movement to start next week, which could be a small...
by Lara | Jan 27, 2018 | Gold, Gold Historical, Lara's Weekly |
Downwards movement still remains contained within the channel and above the short term invalidation point. Sideways movement for Friday leaves the Elliott wave count the same. Summary: The target for this upwards wave to end is at this stage still 1,432. Assume the...
by Lara | Dec 8, 2017 | Gold |
Sideways movement during Friday’s session has reacted exactly off the upper edge of the channel given on the hourly Elliott wave chart. A new short term target is now calculated for this downwards movement to end and a bounce to begin. Summary: The short term...
by Lara | Dec 2, 2017 | Gold |
A final upwards swing was expected by the strongly preferred Elliott wave count. This is again exactly what has happened. An Elliott wave triangle and a classic symmetrical triangle are identified. Members are given trading advice and a most likely breakout direction,...
by Lara | Sep 13, 2017 | Gold |
Overall sideways movement was expected for the week. So far price has moved a little lower, now finding support almost exactly at a long term trend line. Summary: The correction for minor wave 4 may be over today. If it moves a little lower, then a target at 1,309...
by Lara | Sep 12, 2017 | Gold |
A short term change from down to up for a bounce was expected. This is what looks like to be happening so far. Summary: Expect overall sideways movement this week. In the short term, look out for a deep bounce for wave B within this correction; it may make a new high...
by Lara | Aug 31, 2017 | Gold |
An upwards day has not made a new high and has closed just below the trend line. Classic analysis supports the alternate wave count. Summary: Assume the trend remains the same until proven otherwise. Assume the larger bear market remains intact while price remains...
by Lara | Aug 22, 2017 | Gold |
Upwards movement was expected for Tuesday’s session. Price has moved sideways to complete an inside day. The Elliott wave counts are changed a little. Summary: Upwards movement may end within the next 24 hours below 1,315.81. Thereafter, there may be a sharp...
by Lara | Aug 21, 2017 | Gold |
A little downwards movement followed by more upwards movement is exactly what all three hourly Elliott wave counts expected for Monday’s session. Summary: Upwards movement may end within the next 24 hours below 1,313.91. Thereafter, there may be a sharp trend...
