by Lara | Apr 17, 2019 | Gold |
Price continues to move lower as all three Elliott wave counts expect. Targets remain the same. Summary: The downwards trend has resumed. There will be bounces and consolidations along the way down. Downwards momentum may now show some increase, and corrections may...
by Lara | Mar 28, 2019 | Gold |
Downwards movement has unfolded as expected. A clear breach of the channel on the daily chart now adds strong confidence to the preferred Elliott wave count and the next Elliott wave target. Summary: The Elliott wave target is at 1,220. A target calculated using the...
by Lara | Mar 26, 2019 | Gold |
For the short term, a little more upwards movement was expected to unfold as a zigzag. Price remains within the channel on the daily chart. Summary: For the very short term, this bounce is now expected to end about 1,330 to 1,332. Thereafter, a breach of the best fit...
by Lara | Mar 6, 2019 | Gold |
A small range day fits the overall expectation for the Elliott wave count. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may be had with a new low below 1,160.75. For the short term, minor wave 1 may...
by Lara | Mar 4, 2019 | Gold |
Downwards movement continues as all three Elliott wave counts expected. Summary: The long-term target is now calculated at 473. Confidence in this target may be had with a new low below 1,160.75. For the short term, expect downwards movement to continue. It may...
by Lara | Feb 12, 2019 | Gold |
A small range inside day leaves all Elliott wave counts unchanged today. Summary: A new high on an upwards day with support from volume would be a classic upwards breakout. If that happens, then the target is at 1,338. A new low now below 1,302.62 would indicate a...
by Lara | Feb 8, 2019 | Gold |
Downwards movement this week fits both short-term outlooks. Classic analysis is used to determine the probability of each with clear price points for a breakout. Summary: A new high on an upwards day with support from volume would be a classic upwards breakout. If...
by Lara | Jan 21, 2019 | Gold |
A little more downwards movement remains within the current consolidation zone. Only one hourly Elliott wave count now remains, giving some clarity on the structure of the correction. Summary: A fourth wave may end within the next few hours. The target for one final...
by Lara | Jan 17, 2019 | Gold |
The Elliott wave count remains the same. It expected more sideways movement. Summary: A sideways consolidation is now expected for a fourth wave to continue still for another few sessions. It may be very shallow, with support about 1,277 and resistance about 1,297....
