by Lara | May 22, 2014 | Gold |
With continued sideways movement today I am discarding the prior main wave count in favour of the alternate, which will be my only wave count. Summary: In the short term sideways movement may continue. I have a short term target at 1,300 for a little upwards movement....
by Lara | May 19, 2014 | Gold
Price has again moved sideways to complete another doji candlestick. The wave count is mostly the same, but recent movement on the hourly chart is reanalysed. The target remain the same. Summary: A third wave down has still most likely begun. The target for it to end...
by Lara | May 16, 2014 | Gold
Downwards movement continues as expected, but we have not yet seen the increase in momentum I had expected. Summary: A third wave down has still most likely begun. The target for it to end is 1,247 and this may be reached in six more days. This analysis is published...
by Lara | May 7, 2014 | Gold
Downwards movement continues as expected. This strong red candlestick for Wednesday gives me more confidence the main wave count is correct. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for...
by Lara | May 7, 2014 | Gold
Price has moved lower as expected, but not convincingly. I still want to see price breach 1,273.43 to have confidence the downwards trend has resumed. Summary: It is most likely the downwards trend has resumed, but this is unconfirmed. Downwards movement should reach...
by Lara | May 5, 2014 | Gold
Upwards movement invalidated the triangle for minute wave b. The structure is more likely a combination. Upwards movement is either over here or should be over soon. Overall I expect to see the downwards trend resume this week. Summary: I want to see movement below...
by Lara | May 4, 2014 | Gold |
I expect that Gold has finished this correction and should break out of the range in which it has been trading for the last 23 days. I expect to see downwards movement next week. Friday’s price action has necessitated a reanalysis of recent movement and the wave...
by Lara | Apr 30, 2014 | Gold
More sideways movement was expected, which is what has happened. However, a new low slightly below the invalidation point on the main hourly wave count was not expected. Summary: It is most likely that Gold will remain range bound for another one or two days, with...
by Lara | Apr 28, 2014 | Gold |
Price did not move quite as high as expected at the start of Monday’s session. This changes the wave count. Summary: I expect to see choppy overlapping movement for another one to three days before the downwards trend resumes. This analysis is published about...
