by Lara | Aug 30, 2013 | Gold, Gold Historical |
At the hourly chart level Gold has behaved as expected, continuing lower for a fourth wave correction. The target was 1,401. So far price has reached down to 1,402.63, but it cannot be confirmed that this correction is over. The hourly chart will be shown at the end...
by Lara | Aug 29, 2013 | Silver, Silver Historical |
Last analysis of silver was published on 5th May, 2013. It’s time to update this analysis. I will endeavor to update Silver for you once a week, time permitting. Click on the charts below to enlarge. At the monthly chart level the long rise for silver to the all...
by Lara | Aug 29, 2013 | Gold
I am changing my wave count today at the daily chart level. The short to mid term outlook is unchanged, and the subdivisions on the hourly chart remain the same. Click on the charts below to enlarge. Primary wave C may be complete. Primary wave C is 28.96 short of...
by Lara | Aug 28, 2013 | US Oil, US Oil Historical |
Movement above 110.56 has invalidated the main monthly wave count and confirmed the alternate. This upwards movement is not yet over. Click on the charts below to enlarge. Movement above 110.56 has confirmed this wave count. Cycle wave b is not over and is completing...
by Lara | Aug 28, 2013 | Gold
Last analysis main wave count expected more upwards movement. The alternate was not confirmed with a red candlestick or any channel breach. Again I have two wave counts for you today. They differ only in the degree of labeling for most recent movement. The price point...
by Lara | Aug 27, 2013 | Gold |
Last analysis of gold expected an end to a fourth wave correction to be followed by a sharp upwards thrust to about 1,399.73. This is what happened. The question now is, is this intermediate degree correction over? Have we just seen a trend change back to the downside...
by Lara | Aug 21, 2013 | Gold
Last week’s analysis expected more upwards movement from gold towards a short term target at 1,431. Price did move higher but has fallen well short of the target. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...
by Lara | Aug 21, 2013 | US Oil
Last week’s analysis of US Oil expected some more upwards movement to end just above 108.76 but not above 108.92. Price moved higher and turned at 108.17, just 0.59 short of the target. This week I expect an increase in downwards momentum for Oil. Click on the...
by Lara | Aug 15, 2013 | Gold
Movement above 1,320.86 early in this last week confirmed the main hourly wave count which expected more upwards movement. This week I have just the one wave count for you. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...