by Lara | May 10, 2014 | Gold
Last analysis expected to see more sideways movement before the downwards trend resumed. This is mostly what happened. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for downwards movement to end is...
by Lara | Feb 11, 2014 | Gold |
A third wave up was expected and this is what happened. The wave count remains the same. Summary: Overall upwards movement should continue with corrections along the way. The target at 1,297 may be met within 24 hours after a small downwards correction. The target at...
by Lara | Feb 10, 2014 | Gold
Again upwards movement was expected. New highs and an increase in momentum were expected, and this is exactly what happened. The wave count remains the same. Summary: At this stage price should continue to move higher and may show a further increase in momentum. The...
by Lara | Dec 22, 2013 | Gold
The short term target for Friday was 1,180. Price fell short of the target reaching only 1,187.36. Downwards movement ended perfectly at the lower edge of the pink parallel channel on the daily and hourly chart. The wave count remains the same. Click on the charts...
by Lara | Dec 4, 2013 | Gold |
Yesterday’s short term target was at 1,237. Price did move higher, but not before making a new low. I had expected choppy, overlapping movement for about four days towards the eventual target at 1,242.74. Price has moved above this target to reach 1,251.84 so...
by Lara | Nov 11, 2013 | Gold
End of week analysis expected the new week to begin with sideways and a little upwards movement towards 1,293.62, before one more wave downwards. Price has moved sideways and slightly lower. This fourth wave correction may be completing a triangle or a flat, and the...
by Lara | Nov 9, 2013 | Gold
Thursday’s analysis expected sideways movement to end about 1,314.96, followed by strong downwards movement as a third wave began. Price moved sideways to reach 1,313.93 then turned downwards strongly. Downwards momentum has increased as expected. The wave count...
by Lara | Oct 31, 2013 | Gold
Movement below 1,340.90 invalidated yesterday’s hourly wave count. I have gone back and re-analysed this recent upwards movement from 1,251.76 because something else must be happening. The wave count at the daily chart level remains mostly the same. I have two...
by Lara | Oct 22, 2013 | Gold |
Yesterday’s gold analysis expected the main wave count to be invalidated and the alternate confirmed, which is what happened with movement above 1,330.09. The situation is clearer. I have just the one wave count now for you. Click on the charts below to enlarge....
