by Lara | Dec 17, 2013 | Gold |
Yesterday’s main wave count expected downwards movement which is what has happened. The alternate wave count probability has been further reduced. Click on the charts below to enlarge. Main Wave Count. Gold is still within a large fourth wave correction at...
by Lara | Dec 16, 2013 | Gold
Both the main and alternate hourly wave counts expected more upwards movement for Monday. The target for the main wave count was 1,251. So far it has been exceeded by 1.32. Both wave counts remain the same and both remain valid. Click on the charts below to enlarge....
by Lara | Dec 14, 2013 | Gold |
Both the first and second hourly wave counts expected more downwards movement to a target at 1,208 before price turned upwards. We did see some downwards movement before price turned upwards, but it ended at 1,220.65, which is $12.65 short of the target. Both wave...
by Lara | Dec 12, 2013 | Gold |
Movement below 1,244.74 has clarified the situation. At that stage the second hourly chart for the main wave count was confirmed, and more downwards movement was expected. Today I have the same main daily chart and two hourly charts for you. Click on the charts below...
by Lara | Dec 11, 2013 | Silver |
Last analysis of Silver expected more upwards movement towards a target at 20.184 before the resumption of the downwards trend for one final fifth wave. Upwards movement continued and has reached 0.305 above the target so far. Click on the charts below to enlarge....
by Lara | Dec 11, 2013 | Gold
Price has moved lower. I had expected it a little, but I had not expected it to be this slow. The situation at this stage is unclear. I have looked for alternates for you, including a bullish alternate which sees a trend change at 1,211.83 five days ago. I have...
by Lara | Dec 10, 2013 | Gold
Yesterday’s analysis expected downwards movement. This is not what happened. Movement above 1,244.74 invalidated the hourly wave count. The daily wave count remains valid. Click on the charts below to enlarge. Gold is still within a large fourth wave correction...
by Lara | Dec 10, 2013 | NZDUSD
If this wave count is correct then the Kiwi is ready to drop.