by Lara | Oct 21, 2013 | Gold
Price has moved in a very small range, mostly sideways. Both wave counts remain valid. The analysis is changed very little. Click on the charts below to enlarge. Main Wave Count. Flat corrections are extremely common structures, particularly in fourth waves. Primary...
by Lara | Oct 18, 2013 | Gold |
Yesterday I published a new alternate. I had been searching for a viable bullish wave count to align with my wave count for silver. Today I will publish both this alternate and the main wave count. I do not favour either, and the invalidation / confirmation point is...
by Lara | Oct 18, 2013 | Gold |
At this stage my wave counts for Gold and Silver diverge strongly. At the daily chart level both gold and silver turn together, which means one of my wave counts would have to be wrong. But I am unable to see a wave count for Silver at the moment which requires more...
by Lara | Oct 17, 2013 | Gold |
Last analysis expected more upwards movement towards a short term target at 1,306. Price has moved higher, well exceeding the target, but remaining below the invalidation point. The wave count remains the same and I have a new alternate for you today. Click on the...
by Lara | Oct 16, 2013 | Gold
Last analysis expected more upwards movement for a correction. Price has made a new high in choppy, overlapping sideways movement, which is typically corrective. The wave count remains the same. Click on the charts below to enlarge. This is the main wave count with...
by Lara | Oct 15, 2013 | Gold |
Yesterday’s analysis expected downwards movement which is what happened. The short term target at 1,241 was not met as price has fallen 10.76 short before turning upwards for another correction. The wave count remains the same. Click on the charts below to...
by Lara | Oct 14, 2013 | Gold |
Last analysis expected more downwards movement with a series of fourth wave corrections along the way. Price has moved higher, remaining comfortably below the invalidation point, and has now turned to move lower. Click on the charts below to enlarge. This is the main...
by Lara | Oct 11, 2013 | Gold |
Yesterday’s analysis expected more downwards movement which is what we have seen. Price has moved below the first short term target which was at 1,276 to 1,274. Movement below 1,277.97 has invalidated the first alternate wave count. There is now just the main...
by Lara | Oct 11, 2013 | Gold
Yesterday’s analysis expected more downwards movement, with a second wave correction along the way. This is pretty much what has happened; price has stepped lower with corrections along the way. The short term target for last analysis was at 1,287. Price has...
