by Lara | Oct 3, 2013 | Gold |
Yesterday’s analysis expected an end to a second wave correction before a third wave down began. The second wave correction is moving sideways as a double and is incomplete. When it is done the third wave may begin. Click on the charts below to enlarge. It is...
by Lara | Oct 2, 2013 | Gold
Yesterday’s update expected more downwards movement with small fourth wave corrections along the way. This was not what happened as price moved higher in a deep second wave correction. Click on the charts below to enlarge. This wave count sees gold in a grand...
by Lara | Oct 2, 2013 | Gold
The structure on the hourly chart has changed slightly. The fourth wave correction which was unfolding continued a little higher and is now a perfect expanded flat with micro wave C just 0.07 longer than 1.618 the length of micro wave A. This changes the target for...
by Lara | Oct 2, 2013 | Gold
Last analysis expected upwards momentum to increase. We have seen exactly the opposite of that expectation. Movement below 1,291.84 invalidated the main wave count and confirmed the alternate. In addition to the alternate I have a new wave count for you today, which...
by Lara | Sep 30, 2013 | Gold |
Last analysis expected a completion of a small fourth wave triangle to be followed by upwards movement towards the short term target at 1,354. The triangle completed as expected with sideways movement, and was followed by an upwards thrust which reached 1,352.90, just...
by Lara | Sep 28, 2013 | Gold |
Last analysis expected more upwards movement for Friday which is what happened. Confidence in this wave count increased with price movement above 1,332.33. The wave count remains the same. Click on the charts below to enlarge. There are still several possible...
by Lara | Sep 27, 2013 | Silver |
Last analysis expected upwards movement for Silver. The target was 26.09. Price moved upwards and was 2.673 short of the target. It made a new high, then turned lower, and has been moving sideways for four days. Downwards movement looks like a typically deep second...
by Lara | Sep 26, 2013 | US Oil |
From yesterday downwards movement was expected, and did happen. I can update the wave count slightly for you today with a channel to show where the next fourth wave should find resistance.
by Lara | Sep 26, 2013 | Gold
Yesterday’s analysis expected upwards movement from gold for Thursday’s session. A slight new high was made before price turned lower. Price remains above the invalidation point on the hourly chart. Click on the charts below to enlarge. There are still...
