by Lara | Jun 30, 2018 | Gold, Gold Historical |
A candlestick pattern on the daily chart in combination with volume analysis indicate the most likely scenario for early next week. Summary: The short term target is at 1,227 for a multi day to multi week consolidation. The mid term target is 1,216 – 1,211....
by Lara | Jun 25, 2018 | Gold |
A small bounce was expected to continue the new trading week. An outside day remains above the last low, and the higher high fits expectations. Summary: The triangle wave count is now preferred. A small bounce up to about 1,279 may end within the next one or two days....
by Lara | Aug 3, 2017 | Education, Gold, Public Analysis |
For those who want to hone their Elliott wave knowledge, have a go at spotting my deliberate mistakes: Click chart to enlarge. This one is easy (at least, I think it is and I’ve really tried to make it easy). There is one mistake in the triangle (just one!) and...
by Lara | Aug 2, 2017 | Education, Gold, Public Analysis
Volume analysis is essential to a full technical analysis. One of the simplest techniques is to look at volume during a consolidation and note which days, upwards or downwards, have strongest volume. Click chart to enlarge. Gold has been within a large consolidation...
by Lara | Jul 18, 2017 | Gold, Public Analysis |
This chart was last published on 9th of July showing a breach of an important trend line. Click chart to enlarge. Price is now bouncing up for another test. There is a little room still for a little more upwards movement, if price wants to come up to kiss the trend...
by Lara | Jul 12, 2017 | Education, Gold |
In this video I go through the process of developing an alternate Elliott wave count for Gold, using the MotiveWave analysis platform.
by Lara | Jul 9, 2017 | Gold, Public Analysis |
On June 27th I published a daily chart of Gold with a simple trend line. In that post I posed the question: “How Gold behaves at this trend line in the next few days will be a strong indicator. Does the bull run continue or is it over?” Click chart to...
by Lara | Jun 28, 2017 | Education, Gold, Public Analysis, Reference
One of my favourite Technical Analysis texts is the classic “Technical Analysis of Stock Trends” by Magee. In this book Magee describes how to draw trend lines for bull and bear markets. Click chart to enlarge. To draw a trend line in a bear market draw...
