by Lara | May 8, 2014 | Gold |
Yesterday’s analysis expected to see sideways movement for the short term, to last up to one day. This is exactly what has happened over the last 24 hours. Today’s analysis focusses on whether or not the sideways movement is over. When price breaks below...
by Lara | May 8, 2014 | Silver |
A new low slightly below 18.585 to 18.581 invalidated last week’s wave count for Silver. I still expect a triangle is completing, but rather than a B wave within a B wave the triangle may be intermediate wave (B) in its entirety. This makes no difference to the...
by Lara | May 7, 2014 | Gold
Downwards movement continues as expected. This strong red candlestick for Wednesday gives me more confidence the main wave count is correct. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for...
by Lara | May 7, 2014 | Gold
Price has moved lower as expected, but not convincingly. I still want to see price breach 1,273.43 to have confidence the downwards trend has resumed. Summary: It is most likely the downwards trend has resumed, but this is unconfirmed. Downwards movement should reach...
by Lara | May 5, 2014 | Gold
Upwards movement invalidated the triangle for minute wave b. The structure is more likely a combination. Upwards movement is either over here or should be over soon. Overall I expect to see the downwards trend resume this week. Summary: I want to see movement below...
by Lara | May 4, 2014 | Gold |
I expect that Gold has finished this correction and should break out of the range in which it has been trading for the last 23 days. I expect to see downwards movement next week. Friday’s price action has necessitated a reanalysis of recent movement and the wave...
by Lara | May 1, 2014 | Gold |
I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...
by Lara | May 1, 2014 | Silver |
Price has mostly moved sideways since last analysis. The wave count is the same. Click on charts to enlarge. Minor wave B still looks like it is unfolding as a regular contracting triangle. This wave count expects upwards movement to complete minute wave d as a single...
by Lara | Apr 30, 2014 | Gold
More sideways movement was expected, which is what has happened. However, a new low slightly below the invalidation point on the main hourly wave count was not expected. Summary: It is most likely that Gold will remain range bound for another one or two days, with...
