by Lara | May 16, 2014 | Silver |
Price has moved upwards in choppy overlapping movement which is what last week’s wave count for Silver expected. I have a new wave count for you which may be more in line with Gold. However, readers will have noted that although Silver made a new low of 18.581...
by Lara | May 15, 2014 | Gold |
Price has moved lower as expected. A clear breach of the channel on the hourly chart confirms a third wave down should have begun. Summary: A third wave down has most likely begun. The target for it to end is 1,247 and this may be reached in four more days, or more...
by Lara | May 14, 2014 | Gold |
Movement above 1,298.93 indicated the alternate wave count was correct and at that stage it expected more upwards movement. I had expected price to move lower and show an increase in downwards momentum for Wednesday’s session. This is not what happened. Summary:...
by Lara | May 14, 2014 | Gold |
Yesterday’s analysis expected to see some downwards movement, from both the main and alternate hourly wave counts. This is what has happened. With a further 24 hours price action to analyse I now have more confidence in the main hourly wave count. Summary: I...
by Lara | May 13, 2014 | US Oil
Last analysis expected a resumption of the downwards trend which is what has happened. Summary: In the short term I expect a little upwards movement to the target at 102.14 to 102.61. This may last about five days. Thereafter, I expect more downwards movement towards...
by Lara | May 12, 2014 | Gold |
End of week analysis expected to see one or two days overall of downwards movement towards a target at 1,267. Price did begin the new trading week with downwards movement, but only reaching to 1,277.57 in the first hour. Thereafter, upwards movement has breached the...
by Lara | May 10, 2014 | Gold
Last analysis expected to see more sideways movement before the downwards trend resumed. This is mostly what happened. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for downwards movement to end is...
by Lara | May 8, 2014 | Gold |
Yesterday’s analysis expected to see sideways movement for the short term, to last up to one day. This is exactly what has happened over the last 24 hours. Today’s analysis focusses on whether or not the sideways movement is over. When price breaks below...
by Lara | May 8, 2014 | Silver |
A new low slightly below 18.585 to 18.581 invalidated last week’s wave count for Silver. I still expect a triangle is completing, but rather than a B wave within a B wave the triangle may be intermediate wave (B) in its entirety. This makes no difference to the...
