by Lara | Feb 18, 2014 | Gold |
Price moved slightly higher to 2.28 above the previous target of 1,330, before turning downwards. Tuesday’s session has produced a clear red candlestick on the daily chart which is significant. This analysis is published about 02:35 p.m. EST. The wave count...
by Lara | Feb 17, 2014 | Gold
Upwards movement continued to reach 1,329.95, just 5 cents below the target at 1,330. I have two hourly wave counts for you today. This analysis is published about 03:35 p.m. EST. The wave count remains the same. Summary: It is likely that upwards movement is over in...
by Lara | Feb 4, 2014 | Gold |
Price has moved sideways in a small range for Tuesday’s session, which fits the alternate hourly wave count perfectly and will now be my main wave count which I strongly favour. Summary: Minute wave b is very likely to be over as a triangle. The upwards breakout...
by Lara | Feb 3, 2014 | Gold
I had expected price to move lower for Monday but this is not what happened. Upwards movement breached the invalidation point on the hourly wave count. The wave count remains the same. Summary: It is still likely we shall see movement below 1,231.69. If price moves...
by Lara | Jan 29, 2014 | Gold |
Yesterday’s analysis expected more downwards movement which is not what happened. Movement above 1,261.92 invalidated the hourly wave counts. Summary: The hourly wave count which expects more downwards movement for a few days still has the highest probability of...
by Lara | Jan 28, 2014 | Gold |
Yesterday’s analysis expected more downwards movement which is exactly what has happened. Summary: Price should continue to move lower overall with an increase in downwards momentum. The short term target at 1,217 may be met in one day, and the short / mid term...
by Lara | Jan 27, 2014 | Gold
Both hourly wave counts were invalidated: first the alternate with upwards movement, and following that the main with downwards movement. The structure of the last upwards wave on the hourly chart is now clear and complete. The current downwards wave is incomplete....
by Lara | Jan 24, 2014 | Gold |
Yesterday the main hourly wave count expected more upwards movement towards a short term target at 1,270. Price has reached up to 1,272.71 but breached the parallel channel on the hourly chart with downwards movement first. Summary: The situation is still unclear, but...
by Lara | Jan 22, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement to be followed by downwards movement to new lows, and a red candlestick for Wednesday’s session. This is not what happened as price has moved sideways. Overall this movement fits into the mid term...
