by Lara | Sep 24, 2013 | Gold |
This is a very quick update (seeing as I’m up managing the new membership) for the hourly chart for Gold. The triangle has completed as expected. The sharp downwards thrust may possibly be about an hour away from ending. Extend the triangle trend lines. The...
by Lara | Sep 24, 2013 | Gold
The small channel on the hourly chart was breached, but price has moved sideways not higher. It looks like we may be seeing a small triangle complete. When this is done we should see a brief sharp downward thrust, to be followed by the resumption of upwards movement....
by Lara | Sep 24, 2013 | NZDUSD
Click on the charts below to enlarge.
by Lara | Sep 22, 2013 | Gold |
Last analysis had two hourly wave counts. The alternate was confirmed quickly with movement below 1,359.20. The alternate hourly wave count expected more downwards movement to the most likely target at 1,323.12. Friday’s session reached down to 1,324.94. A...
by Lara | Sep 20, 2013 | Gold, Gold Historical |
Movement above 1,374.17 invalidated the main wave count and confirmed the alternate. Yesterday I judged the two wave counts to have a close to even probability. It is time to review the bigger picture. I will review my main and alternate historic wave counts today....
by Lara | Sep 19, 2013 | Silver |
Last analysis expected upwards movement, but required a trend channel breach of the channel on the hourly chart before confidence could be had in a trend change. We have the breach now and a trend change confirmed, but price moved lower first. This is exactly why I...
by Lara | Sep 19, 2013 | US Oil
Last analysis expected Oil to move higher for a final fifth wave. This is not what happened. Price moved sideways then lower to breach the invalidation point on the hourly chart. The daily chart remains valid. The wave count remains mostly the same. A final fifth wave...
by Lara | Sep 19, 2013 | Gold
Yesterday’s alternate wave count was confirmed with movement above 1,324.09. At that stage the wave count expected more upwards movement towards a most likely target at 1,338.16. Price moved substantially higher than the target, but remains below the...
by Lara | Sep 18, 2013 | Gold |
Yesterday’s analysis expected a little upwards movement to find resistance at the upper edge of a channel drawn on the hourly chart, before a trend change and more downwards movement. This is exactly what happened. The target at 1,260 is short / mid term and has...
