by Lara | May 3, 2019 | Gold |
A strong bounce at the end of the week creates a candlestick pattern on the daily chart that has support from volume. The short-term expectation is adjusted, but the mid and long-term Elliott wave targets remain the same as does the channel on the daily chart....
by Lara | Apr 11, 2019 | Gold |
A bounce was expected to end at resistance yesterday, and thereafter downwards movement was expected. Members were advised to enter short. A strong downwards day should see members with profits. Summary: The Elliott wave target is at 1,220. Risk is just above...
by Lara | Mar 20, 2019 | Gold |
The flag pattern may continue, and the target calculated remains the same. Price remains below the invalidation point on the daily Elliott wave chart. Summary: Three long-term targets are now calculated for cycle wave c to end. Confidence in a new downwards trend may...
by Lara | Feb 26, 2019 | Gold |
Price has again moved sideways, which overall fits the expectations for the Elliott wave count. Summary: Both a Shooting Star on the weekly chart and an Evening Star on the daily chart indicate a high may be in place. Next, a close below support at 1,300 and a breach...
by Lara | Feb 4, 2019 | Gold |
Two targets are provided: one using Elliott wave and the other a classic analysis target using the last gap. Summary: The next Elliott wave target is at 1,338. The next classic analysis target is at 1,349. Assume the trend remains the same until proven otherwise. For...
by Lara | Jan 11, 2019 | Gold |
Sideways movement for this week has continued exactly as expected from the Elliott wave count and classic technical analysis. The short-term structure is analysed this week to determine if the correction may be complete or not. Summary: A sideways consolidation is now...
by Lara | Dec 10, 2018 | Gold |
For the short term, a small pullback was expected to begin the new trading week. A red daily candlestick represents overall downwards movement for Monday’s session. Summary: For the very short term, a small pullback to about 1,235 may continue, lasting about 3...
by Lara | Nov 17, 2018 | Gold |
Upwards movement has continued at the end of the week as expected. Summary: The target for the short term is 1,295. The final target for this bounce to end is about 1,305 – 1,310. New updates to this analysis are in bold. Grand SuperCycle analysis is here. Last...
by Lara | Oct 24, 2018 | Gold |
Another consolidation was expected to have begun. A small range inside day fits this expectation. 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 support is about 1,220....
