by Lara | Apr 7, 2014 | Gold |
A little downwards movement was expected, but I had not expected it to be this deep or last this long for the main wave count. However, on the hourly chart the structure looks typical and the wave count has the right look. Both hourly wave counts remain valid. The...
by Lara | Apr 4, 2014 | Gold |
Upwards movement was expected. I still have two hourly wave counts for you. They both expect that this trend is incomplete. Summary: The short term trend remains up. It should either continue for another week and a half (slightly more likely) or it may be very choppy...
by Lara | Apr 3, 2014 | Gold
Downwards movement in a small range remains above the invalidation point. The hourly wave counts remain the same but now have a more even probability. Summary: We may either see the continuation of a new upwards trend for about two weeks, or we may see very choppy...
by Lara | Apr 2, 2014 | Gold |
Price has turned upwards as expected at the time of last analysis. I have two hourly wave counts for you today. Both expect upwards movement but they have different requirements. Summary: A clear breach of the trend channel on the main hourly chart provides me with...
by Lara | Apr 1, 2014 | Gold
Price has moved slightly lower. The target was not reached. I have only one hourly wave count for you today. Summary: Downwards movement may have just ended. A clear breach of the orange channel on the hourly chart is required for confidence in a trend change. This...
by Lara | Apr 1, 2014 | US Oil |
Last week’s analysis expected more upwards movement to a target at 101.76 to 102.71. So far price has reached up to 102.24. We may use a trend channel on the hourly chart to see if it has turned here. Once this channel is breached I will have confidence in the...
