by Lara | Dec 4, 2013 | Gold |
Yesterday’s short term target was at 1,237. Price did move higher, but not before making a new low. I had expected choppy, overlapping movement for about four days towards the eventual target at 1,242.74. Price has moved above this target to reach 1,251.84 so...
by Lara | Dec 3, 2013 | Gold |
Yesterday’s short term target was at 1,212 for the end of a fifth wave. Downwards movement ended at 1,215.36, 3.36 short of the target. The structure looks complete. The wave count is unchanged from yesterday. Click on the charts below to enlarge. Gold is still...
by Lara | Dec 2, 2013 | Gold
Movement below 1,241.21 invalidated the main hourly wave count. Further movement below 1,225.4 confirmed the alternate daily wave count. At that stage the target for downwards movement was at 1,206. The main wave count is invalidated and I now expect more downwards...
by Lara | Nov 30, 2013 | Gold |
Yesterday’s analysis had a main and alternate wave count which I judged to have an even probability. Upwards movement for Friday has taken Gold outside of the parallel channel on the daily chart. This is the first thing I was looking for to indicate which wave...
by Lara | Nov 28, 2013 | Gold |
Yesterday’s analysis expected more upwards movement from Gold. Price has moved higher, but it is not a convincing third wave… yet. I have the same main wave count with now two alternates at the daily chart level. The first alternate may be used if...
by Lara | Nov 28, 2013 | Gold |
I have been trying to see a valid wave count which would allow for more movement below 1,225.40 (and an equivalent for Silver). I have found a wave count which has a very nice fit and is entirely viable. Not only will it provide an explanation of what should happen...
by Lara | Nov 27, 2013 | Silver |
Last week’s analysis of Silver expected more downwards movement towards a target at 18.591 to 18.353. Price did move lower but has failed to reach the target. Downwards movement may have ended at 19.595, 1.004 short of the target zone. The wave count remains...
by Lara | Nov 27, 2013 | Gold
Yesterday’s analysis expected upwards movement for a third wave to begin towards a target at 1,286. The target was expected to be one to two days away. Price did move a little higher, but thereafter moved to a slight new low. The third wave has not yet begun....
by Lara | Nov 27, 2013 | US Oil
Last week’s US Oil analysis expected more downwards movement towards 89.83 for the end of a third wave. Price did not move lower. Instead, it has moved a little higher and sideways. The third wave was already over, and sideways and higher movement is the...
