by Lara | Aug 14, 2013 | US Oil
Last week’s analysis expected downwards movement to a short term target at 98.66 or 92.42. Price did move lower to make a new low at 102.24 but then turned back upwards. Price remains below the invalidation point on the daily chart and the wave count remains...
by Lara | Aug 8, 2013 | Gold
Last week’s analysis expected upwards movement from gold for the week. The hourly wave count was invalidated and price has moved lower, remaining above the invalidation point on the daily chart. Downwards movement is most likely a continuation of minor wave B....
by Lara | Aug 7, 2013 | US Oil
Last week’s analysis expected downwards movement for the week, with a second wave correction to come. The first wave was already over and the second wave unfolded as a very deep zigzag, ending just below the invalidation point on the daily chart. The hourly...
by Lara | Aug 1, 2013 | Gold
Last week’s analysis expected upwards movement for the week from gold. Price moved sideways before a sharp spike lower. Price has now turned back upwards. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave...
by Lara | Jul 25, 2013 | Gold
Last analysis expected choppy overlapping movement to 1,192.45 or below in the short to mid term. Overall the wave count expected further upwards movement for a fourth wave correction at intermediate degree. Price did not move lower, it moved higher. The most likely...
by Lara | Jul 24, 2013 | US Oil, US Oil Historical
Oil has moved higher as expected for the week, remaining just below the invalidation point. If price breaks above 110.56 in the next one to few weeks this wave count will change significantly. I will briefly cover the alternate for this scenario today. Click on the...
by Lara | Jul 18, 2013 | Gold
Last analysis expected a little more upwards movement from gold to one of two targets, 1,296 or 1,349, before a short term trend change. The trend change would be confirmed with movement below 1,267.60. Price did move a little higher to 1,300.93, $4.93 above the first...
by Lara | Jul 11, 2013 | Gold
Last week’s analysis of gold expected choppy, overlapping movement for the continuation of an intermediate degree fourth wave correction, which is pretty much what we have seen. It is too early to be certain of what structure is unfolding for intermediate wave...
by Lara | Jul 4, 2013 | Gold
Last week’s analysis of gold expected upwards movement from a low of 1,221.88. Price moved lower first to reach down to 1,180.40, $41.48 below where I had expected the low to be. However, we did not see a trend channel breach on the hourly chart and did not have...
