by Lara | Jan 7, 2014 | Gold |
Yesterday’s analysis had three hourly wave counts. The main wave count expected upwards movement, and the two alternates expected downwards movement. Price has moved lower but not low enough to invalidate yesterday’s main hourly wave count. All three wave...
by Lara | Jan 6, 2014 | Gold |
In last analysis both hourly wave counts expected more upwards movement which is what happened. However, upwards movement was followed by a sharp spike below 1,227.11. The targets were not reached. It is at this point the hourly wave counts diverge. Click on the...
by Lara | Jan 4, 2014 | Gold |
Movement above 1,231.74 invalidated the main hourly wave count and confirmed the alternate. At that stage the wave count expected more upwards movement. The wave count remains the same. Click on the charts below to enlarge. Gold is still within a large fourth wave...
by Lara | Jan 2, 2014 | Gold |
Last analysis expected a little more upwards movement before a second wave correction arrived. This is exactly what happened. The wave count remains the same. I have two hourly charts for you today. Click on the charts below to enlarge. Gold is still within a large...
by Lara | Jan 1, 2014 | Silver |
Last analysis of Silver expected more downwards movement towards a target at 18.999. Downwards movement continued, reaching 18.585, 0.414 below the target. The wave count remains the same. Click on the charts below to enlarge. Minor wave B is now a complete zigzag,...
by Lara | Jan 1, 2014 | Gold |
Last analysis expected two more days of downwards movement towards a target at 1,155 to 1,159. We have seen one more day of downwards movement reaching only to 1,180.84. I expect we have just seen an intermediate degree trend change one day earlier and $21.84 short of...
by Lara | Dec 30, 2013 | Gold
The main hourly wave count for last analysis expected downwards movement to begin the new trading week which is exactly what happened. This main wave count had a higher probability than the alternate. This main wave count still has a higher probability, and I will...
by Lara | Dec 28, 2013 | Gold
Last analysis expected a fourth wave correction may have been complete. A trend channel was provided for confirmation. We did not get confirmation and price moved higher, remaining just below the invalidation point. The wave count is mostly the same. Click on the...
by Lara | Dec 26, 2013 | Gold
Last analysis expected a continuation of a fourth wave correction, with two hourly charts for two possible structures. The triangle was invalidated and this fourth wave subdivides nicely as a double zigzag, which may now be complete. Click on the charts below to...
