by Lara | Jun 10, 2014 | Gold
Another sideways session and another small red doji candlestick still fits the wave count. However, with sideways movement lasting over two days now I am again considering an alternate idea published previously. It makes no difference to overall direction at the daily...
by Lara | Jun 8, 2014 | Gold, Gold Historical |
This wave count expects Gold is within a grand super cycle correction. Historic Analysis. Data used for the chart above is averages for the year. It does not include high / low. Note the chart scale is a logarithmic scale. This wave count expects Gold is within a...
by Lara | Jun 7, 2014 | Gold
Sideways movement completed a red doji candlestick for Friday’s session. The prior day’s high at 1,258.38 remains intact for now and the wave count remains the same. Summary: A third wave down has most likely begun. The target is 1,206. Movement below...
by Lara | Jun 6, 2014 | US Oil |
Last analysis expected that upwards movement was over and price should move lower. Price moved higher first, but remains below the invalidation point. Since reaching a high at 104.49 price has turned downwards. Summary: I expect to see an increase in downwards...
by Lara | Jun 5, 2014 | Gold |
Upwards movement fits the main wave count and invalidated the alternate hourly wave count. Summary: A third wave down may begin from here. The target is 1,206. Movement below 1,241.16 would confirm the third wave has begun; only below that point will I have any...
by Lara | Jun 4, 2014 | Gold |
I had expected upwards movement to a short term target at 1,258 to 1,261. Price has moved sideways and the target is not met. I have a new alternate for you today. Summary: In the short term I expect more sideways movement for another one or two sessions. This...
by Lara | Jun 4, 2014 | Silver |
Downwards movement fits the main wave count, but only movement below 18.581 would confirm it. If the main wave count is correct we may be about to see some strong downwards movement over the next week. Click on charts to enlarge. Main Wave Count. Silver is within an...
by Lara | Jun 4, 2014 | Gold |
Sideways movement and a small green candlestick for Tuesday’s session fits yesterday’s alternate wave count nicely. This will now be my only wave count and I can calculate a target for you. The mid and long term pictures remain exactly the same. Summary:...
by Lara | Jun 2, 2014 | Gold |
Downwards movement was expected. Because an upwards correction has breached the base channel on the hourly chart, and because downwards momentum has not increased, I have an alternate hourly wave count for you today. Summary: The short term target for this week is...
