by Lara | Feb 10, 2014 | Gold
Again upwards movement was expected. New highs and an increase in momentum were expected, and this is exactly what happened. The wave count remains the same. Summary: At this stage price should continue to move higher and may show a further increase in momentum. The...
by Lara | Feb 8, 2014 | Gold
Upwards movement was expected. There has been a slight increase in momentum, but a new high was not made. The wave count remains the same. Summary: Upwards momentum should show a further increase. The target remains the same at 1,297 and is still at least three days...
by Lara | Feb 6, 2014 | Gold
I had expected a little more downwards movement to complete a small second wave correction. Price did move lower to complete the correction, but it moved higher first. Downwards movement is finding strong support at the lower edge of the parallel channel as expected....
by Lara | Feb 6, 2014 | Silver, Silver Historical |
Last analysis expected a little more downwards movement to a target just below 19.327 before a trend change and a third wave up. Price did move lower to reach 19.002 and has turned up. However, I still would like to see the channel on the daily chart clearly breached...
by Lara | Feb 5, 2014 | Gold
Upwards movement was expected from the main hourly wave count which was strongly favoured. The downwards correction which followed it is finding support about the lower edge of the trend channel. Summary: I expect a little more downwards movement to complete a second...
by Lara | Feb 5, 2014 | US Oil
Last analysis of US Oil expected that upwards movement was over for now and that downwards movement should resume. Price has moved slightly higher before turning lower. Price remains below the invalidation point. Click on the charts below to enlarge. Minor wave 3 has...
by Lara | Feb 4, 2014 | Gold |
Price has moved sideways in a small range for Tuesday’s session, which fits the alternate hourly wave count perfectly and will now be my main wave count which I strongly favour. Summary: Minute wave b is very likely to be over as a triangle. The upwards breakout...
by Lara | Feb 3, 2014 | Gold
I had expected price to move lower for Monday but this is not what happened. Upwards movement breached the invalidation point on the hourly wave count. The wave count remains the same. Summary: It is still likely we shall see movement below 1,231.69. If price moves...
by Lara | Feb 1, 2014 | Gold
More downwards movement was expected for Friday. Price moved sideways completing a doji candlestick on the daily chart and the invalidation point on the hourly chart was not breached. The wave count remains the same. Summary: Downwards movement is still not over. The...
