by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 14, 2014 | Gold
Upwards movement continued as expected. The target of 1,387 to 1,390 has been met at 1,388.10. I have a main and an alternate hourly wave count for you today. Summary: Upwards movement may be over for now. This trend change requires confirmation. We need to see a...
by Lara | Mar 13, 2014 | Gold |
The short term target at 1,381 has not yet been met, but price has moved higher as expected. Summary: The trend is up. The target for it to end is now calculated at two degrees and so widens to a small zone at 1,387 to 1,390. This target may be met in two days. This...
by Lara | Mar 12, 2014 | Silver, Silver Historical |
A fourth wave correction has ended as expected, slightly below the target. A final fifth wave up has begun which should unfold over the next few days. Click on charts to enlarge. The new downwards trend from the all time high at 49.825 subdivides so far as an...
by Lara | Mar 12, 2014 | Gold |
The short term target at 1,364 was met and passed. Upwards movement was expected. Summary: The trend is up. The target for it to end remains the same, at 1,390. This target may be met in three days. This analysis is published about 03:30 p.m. EST. Click on charts to...
by Lara | Mar 11, 2014 | Gold |
The main wave count expected upwards movement which is what we have seen. The wave count remains the same. Summary: I expect that we have seen a trend change back to the upside. Movement above 1.353.07 would confirm this. The mid term target is at 1,390 for upwards...
by Lara | Mar 10, 2014 | Gold
Price moved lower as expected, but failed to reach the short term targets at 1,319 to 1,316. Downwards movement reached only to 1,328. Both wave counts are still valid but I favour the main wave count strongly. Summary: I expect that we may have just seen a trend...
by Lara | Mar 8, 2014 | Gold
Downwards movement has invalidated one of the three wave counts. The other two are still viable (with some adjustment). I now have a clear price point which will differentiate the two wave counts for next week, and I now judge one to have a higher probability than the...
by Lara | Mar 6, 2014 | Gold |
Upwards movement remains below the invalidation point for the first wave count. Both wave counts remain valid and both remain mostly the same. I do have a new third wave count for you today. Every technical analysis method has its periods of uncertainty. Elliott wave...
