by Lara | May 7, 2014 | Gold
Downwards movement continues as expected. This strong red candlestick for Wednesday gives me more confidence the main wave count is correct. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for...
by Lara | May 7, 2014 | Gold
Price has moved lower as expected, but not convincingly. I still want to see price breach 1,273.43 to have confidence the downwards trend has resumed. Summary: It is most likely the downwards trend has resumed, but this is unconfirmed. Downwards movement should reach...
by Lara | May 5, 2014 | Gold
Upwards movement invalidated the triangle for minute wave b. The structure is more likely a combination. Upwards movement is either over here or should be over soon. Overall I expect to see the downwards trend resume this week. Summary: I want to see movement below...
by Lara | May 4, 2014 | Gold |
I expect that Gold has finished this correction and should break out of the range in which it has been trading for the last 23 days. I expect to see downwards movement next week. Friday’s price action has necessitated a reanalysis of recent movement and the wave...
by Lara | May 1, 2014 | Gold |
I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...
by Lara | May 1, 2014 | Silver |
Price has mostly moved sideways since last analysis. The wave count is the same. Click on charts to enlarge. Minor wave B still looks like it is unfolding as a regular contracting triangle. This wave count expects upwards movement to complete minute wave d as a single...
