by Lara | Oct 5, 2013 | Gold
Last analysis expected a little more upwards movement before a trend change. Price moved sideways in a very small range, completing a triangle for a B wave. The wave count remains the same. Click on the charts below to enlarge. It is most likely that primary wave 4 is...
by Lara | Oct 3, 2013 | Gold |
Yesterday’s analysis expected an end to a second wave correction before a third wave down began. The second wave correction is moving sideways as a double and is incomplete. When it is done the third wave may begin. Click on the charts below to enlarge. It is...
by Lara | Oct 2, 2013 | Gold
Yesterday’s update expected more downwards movement with small fourth wave corrections along the way. This was not what happened as price moved higher in a deep second wave correction. Click on the charts below to enlarge. This wave count sees gold in a grand...
by Lara | Oct 2, 2013 | Gold
The structure on the hourly chart has changed slightly. The fourth wave correction which was unfolding continued a little higher and is now a perfect expanded flat with micro wave C just 0.07 longer than 1.618 the length of micro wave A. This changes the target for...
by Lara | Oct 2, 2013 | Gold
Last analysis expected upwards momentum to increase. We have seen exactly the opposite of that expectation. Movement below 1,291.84 invalidated the main wave count and confirmed the alternate. In addition to the alternate I have a new wave count for you today, which...
