by Lara | Jun 10, 2014 | Gold |
Movement above 1,257.96 invalidated the main hourly wave count and was allowed for in the alternate wave count, but the structure was incorrect. I still have the same two wave counts for you. The structure at the hourly chart level is exactly the same, the...
by Lara | May 15, 2014 | Gold |
Price has moved lower as expected. A clear breach of the channel on the hourly chart confirms a third wave down should have begun. Summary: A third wave down has most likely begun. The target for it to end is 1,247 and this may be reached in four more days, or more...
by Lara | Feb 15, 2014 | Gold
Upwards movement continued as expected. The target remains the same. The wave count remains the same. Summary: I expect overall more upwards movement towards the target at 1,330. It may not take another five days; minute wave c may not exhibit a Fibonacci time...
by Lara | Dec 28, 2013 | Gold
Last analysis expected a fourth wave correction may have been complete. A trend channel was provided for confirmation. We did not get confirmation and price moved higher, remaining just below the invalidation point. The wave count is mostly the same. Click on the...
by Lara | Dec 10, 2013 | Gold
Yesterday’s analysis expected downwards movement. This is not what happened. Movement above 1,244.74 invalidated the hourly wave count. The daily wave count remains valid. Click on the charts below to enlarge. Gold is still within a large fourth wave correction...
by Lara | Nov 13, 2013 | Gold |
A new low for Silver in the last 24 hours changes the situation. Yesterday’s alternate wave count for Silver was confirmed, and so I expect Gold should follow. I am swapping the main and alternate wave counts for Gold over today. I am still expecting a little...
by Lara | Nov 4, 2013 | Gold
Last analysis expected a little upwards movement to either about 1,327 or 1,340. Price did move a little higher, but remains within the channel on the hourly chart. The structure of the current wave is incomplete, and it should continue a little further. The wave...
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...
