by Lara | May 12, 2014 | Gold |
End of week analysis expected to see one or two days overall of downwards movement towards a target at 1,267. Price did begin the new trading week with downwards movement, but only reaching to 1,277.57 in the first hour. Thereafter, upwards movement has breached the...
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 | May 8, 2014 | Gold |
Yesterday’s analysis expected to see sideways movement for the short term, to last up to one day. This is exactly what has happened over the last 24 hours. Today’s analysis focusses on whether or not the sideways movement is over. When price breaks below...
by Lara | May 1, 2014 | Gold |
I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...
by Lara | Apr 29, 2014 | Gold |
Yesterday’s analysis expected to see more choppy overlapping movement. Tuesday has ended with a small doji candlestick, which fits the expectations exactly. Summary: It is most likely that Gold will remain range bound for another one or two days, with slightly...
by Lara | Apr 22, 2014 | Gold |
The channel on the hourly chart was not clearly breached, and a new low below 1,277.47 has invalidated the main hourly wave count and confirmed the second alternate. Now we have some clarity I have just the one hourly wave count for you today. Summary: The minor...
by Lara | Apr 21, 2014 | Gold |
I had expected to see a little downwards movement to begin the week, to reach slightly below 1,282.60 but not below 1,277.79. So far price has reached down to 1,282.04 and turned up slightly. Summary: I expect overall upwards movement from here to either 1,336 or...
by Lara | Apr 17, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement before a new low below 1,282.60, but not below 1,277.79. Price has moved sideways in a small range to complete a small red doji candlestick. The wave count remains valid and the same. Summary: This...
by Lara | Apr 15, 2014 | Gold |
Yesterday’s analysis expected price to move lower for a small B wave correction against the trend. Price has moved lower, and strongly so. The wave count remains valid and the same. Summary: This downwards movement is an incomplete correction against the current...
