by Lara | Apr 30, 2014 | Gold
More sideways movement was expected, which is what has happened. However, a new low slightly below the invalidation point on the main hourly wave count was not expected. Summary: It is most likely that Gold will remain range bound for another one or two days, with...
by Lara | Apr 29, 2014 | Gold |
Yesterday’s analysis expected to see more choppy overlapping movement. Tuesday has ended with a small doji candlestick, which fits the expectations exactly. Summary: It is most likely that Gold will remain range bound for another one or two days, with slightly...
by Lara | Apr 28, 2014 | Gold |
Price did not move quite as high as expected at the start of Monday’s session. This changes the wave count. Summary: I expect to see choppy overlapping movement for another one to three days before the downwards trend resumes. This analysis is published about...
by Lara | Apr 25, 2014 | Gold
Upwards movement was expected. The target is not yet reached, but the structure is incomplete. The target may be reached on Monday. Summary: In the short term I expect to see a little more upwards movement. It may end about 1,308 or it may continue higher. If we see a...
by Lara | Apr 24, 2014 | Gold |
Price whipsawed to breach the invalidation points on both hourly wave counts. The situation is still unclear. Summary: In the short term I expect to see some more upwards movement. It may end about 1,308 or it may continue higher. If we see a new high above 1,331.29...
by Lara | Apr 24, 2014 | Gold |
The channel on the hourly chart has been clearly breached by upwards movement. I have two wave counts for you today. The situation is unclear. Summary: We need to see price break above 1,292.99 or below 1,276.36 to have clarity. This analysis is published about 8:45...
by Lara | Apr 22, 2014 | Gold |
The channel on the hourly chart was not clearly breached, and a new low below 1,277.47 has invalidated the main hourly wave count and confirmed the second alternate. Now we have some clarity I have just the one hourly wave count for you today. Summary: The minor...
by Lara | Apr 21, 2014 | Gold |
I had expected to see a little downwards movement to begin the week, to reach slightly below 1,282.60 but not below 1,277.79. So far price has reached down to 1,282.04 and turned up slightly. Summary: I expect overall upwards movement from here to either 1,336 or...
by Lara | Apr 20, 2014 | NZDUSD
Click on charts to enlarge. The first thing I have some confidence in for this wave count is the structure of primary wave 1 downwards as a five. This indicates a trend change at the high of 0.88435. Primary wave 1 subdivides as a leading expanding diagonal (albeit...