by Lara | Jan 28, 2014 | Gold |
Yesterday’s analysis expected more downwards movement which is exactly what has happened. Summary: Price should continue to move lower overall with an increase in downwards momentum. The short term target at 1,217 may be met in one day, and the short / mid term...
by Lara | Jan 27, 2014 | Gold
Both hourly wave counts were invalidated: first the alternate with upwards movement, and following that the main with downwards movement. The structure of the last upwards wave on the hourly chart is now clear and complete. The current downwards wave is incomplete....
by Lara | Jan 24, 2014 | Gold |
Yesterday the main hourly wave count expected more upwards movement towards a short term target at 1,270. Price has reached up to 1,272.71 but breached the parallel channel on the hourly chart with downwards movement first. Summary: The situation is still unclear, but...
by Lara | Jan 23, 2014 | Gold |
Yesterday’s analysis expected one or two days of downwards movement towards a target at 1,211.60. We have had only one more day of a little downwards movement which ended at 1,231.69. Summary: This upwards movement is close to an end for the short term and the...
by Lara | Jan 22, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement to be followed by downwards movement to new lows, and a red candlestick for Wednesday’s session. This is not what happened as price has moved sideways. Overall this movement fits into the mid term...
by Lara | Jan 21, 2014 | Gold |
Yesterday’s analysis expected downwards movement for Tuesday to complete a red candlestick. This is exactly what happened. I have two hourly wave counts for you today. Summary: Price should move higher over the next few hours, maybe to end between 1,247.04 to...
by Lara | Jan 20, 2014 | Gold |
Last analysis expected a little more upwards movement towards a short term target at 1,263. Price has reached up to 1,263.06. Thereafter, at about this target a short term trend change was expected for a few days of overall downwards movement. Click on the charts...
by Lara | Jan 17, 2014 | Gold |
I had expected more downwards movement towards a short term target at 1,226 which was expected to be over within 24 hours, before the resumption of the upwards trend. We did not see the downwards movement I had expected. Movement above 1,245.40 invalidated the hourly...
by Lara | Jan 16, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement towards a short term target at 1,246 to be followed by downwards movement. Price moved higher to reach 1,245.40. It may have turned there. The next downwards wave was expected to be over by now but it is...