by Lara | Sep 9, 2013 | Gold
Last analysis expected upwards movement, which would have been confirmed with a trend channel breach on the hourly chart. Price has moved sideways, and remains firmly within the channel. The wave counts remain the same. Click on the charts below to enlarge. Main Wave...
by Lara | Sep 8, 2013 | Gold
Last analysis expected a little downwards movement to a short term target at 1,357 before a trend change and upwards movement. Price moved lower to 1,359.25, just 2.25 short of the target, before turning around and moving strongly upwards. The main wave count remains...
by Lara | Sep 6, 2013 | Silver
Last week’s analysis expected a little more upwards movement from Silver before a minor wave B downwards began. We did not see upwards movement; price just moved lower in what is so far a clear three wave structure. Click on the charts below to enlarge. Within...
by Lara | Sep 6, 2013 | Gold
Downwards movement invalidated both hourly wave counts, which both had very close by invalidation points. I have spent more time today looking at structures on the monthly chart, at primary and cycle degree. I have a new alternate for you which sees recent upwards...
by Lara | Sep 5, 2013 | US Oil
Last week’s analysis expected more upwards movement from US Oil, which is not what happened. Price has moved lower to breach the invalidation point at 108.17 on the daily chart. Click on the charts below to enlarge. Cycle wave b is incomplete, and is unfolding...
by Lara | Sep 4, 2013 | Gold
Yesterday’s analysis expected more upwards movement for Wednesday from gold. This is not what happened. Although price moved lower it remains above the invalidation point on the hourly charts. Click on the charts below to enlarge. Main Wave Count. Primary wave C...
by Lara | Sep 4, 2013 | Gold
Price moved higher as expected. The main wave count remains the same. I have a new alternate hourly wave count for you today. Both hourly wave counts expect more upwards movement, and the difference is in expected momentum. Click on the charts below to enlarge....
by Lara | Sep 2, 2013 | Gold |
Last analysis expected the end of a fourth wave correction to be confirmed by a channel breach on the hourly chart. We did not get a confirmation that the correction was over. Price continued lower breaching invalidation points on both hourly wave counts. Click on the...
by Lara | Sep 1, 2013 | Gold |
Gold moved lower in a fourth wave correction, which was expected, and we had no confirmation that the correction was over. The wave count remains the same at the daily chart level, with two hourly wave counts for you today. Click on the charts below to enlarge....
