by Lara | Sep 21, 2018 | Gold |
Downwards movement was expected as imminent, which is what has happened for Friday. Summary: A small Elliott wave triangle looks like it may be complete now for Gold. A downwards breakout looks to be underway. Further confidence in this may be had if price closes...
by Lara | Sep 21, 2018 | Gold, Gold Historical |
An update of monthly charts. Summary: The bigger picture sees Gold as most likely still within a B wave, most likely at cycle degree. Each end of week analysis will look at the various remaining viable structures this B wave may be. This analysis also considers the...
by Lara | Aug 30, 2018 | Gold |
Downwards movement today fits expectations for GDX and for one of the Elliott wave counts for Gold. Summary: It is again possible for Gold that a low may be in place, but this needs some confirmation with a new high above 1,216.30. While price remains below 1,216.30,...
by Lara | Aug 8, 2018 | Gold |
A signal is given today from On Balance Volume that supports the main Elliott wave count for Gold. A target is given for GDX. Summary: With support from volume, GDX has effected a downwards breakout from a very long held consolidation (beginning December 2016). The...
by Lara | Jul 4, 2018 | Gold |
A doji candlestick on the daily chart fits the expectations for a consolidation to continue. Summary: A multi day to multi week consolidation looks likely to have begun here. It may be a sideways consolidation to last one to two weeks, remaining below 1,282.20. When...
by Lara | Jun 11, 2018 | Gold |
Upwards movement continues as expected from the main Elliott wave count. A signal today from On Balance Volume offers a little support to the main Elliott wave count. Summary: The target is now 1,411. Triple bullish divergence between price and Stochastics suggest a...
by Lara | May 10, 2018 | Gold |
A new high above 1,318.53 provides some confidence in the main Elliott wave count. The target remains the same. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. Always...
by Lara | Apr 12, 2018 | Gold |
A downwards reaction was expected after yesterday’s strong upwards movement. This is exactly 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. There may be two...
by Lara | Mar 26, 2018 | Gold |
A little sideways and lower movement to end about 1,344 was expected to begin the new trading week. Thereafter, the upwards swing was expected to continue. This is exactly what happened. A little downwards movement opened the first session of the week to reach a low...
