by Lara | Apr 8, 2014 | Gold |
Upwards movement reached 1,314.48, just 1.48 above the short term target of 1,313 for the main hourly wave count. Summary: The structure of this upwards movement is clearer: it is an unfolding zigzag. This expects overall a clearer upwards trend. This should continue...
by Lara | Apr 7, 2014 | Gold |
A little downwards movement was expected, but I had not expected it to be this deep or last this long for the main wave count. However, on the hourly chart the structure looks typical and the wave count has the right look. Both hourly wave counts remain valid. The...
by Lara | Apr 4, 2014 | Gold |
Upwards movement was expected. I still have two hourly wave counts for you. They both expect that this trend is incomplete. Summary: The short term trend remains up. It should either continue for another week and a half (slightly more likely) or it may be very choppy...
by Lara | Apr 3, 2014 | Gold
Downwards movement in a small range remains above the invalidation point. The hourly wave counts remain the same but now have a more even probability. Summary: We may either see the continuation of a new upwards trend for about two weeks, or we may see very choppy...
by Lara | Apr 1, 2014 | Gold
Price has moved slightly lower. The target was not reached. I have only one hourly wave count for you today. Summary: Downwards movement may have just ended. A clear breach of the orange channel on the hourly chart is required for confidence in a trend change. This...
by Lara | Mar 31, 2014 | Gold |
Downwards movement continues as expected. With momentum continuing to slow I will swap over the main and alternate hourly wave counts. Summary: The trend is still down, but this may end soon. The short term target is 1,271 to 1,267. This analysis is published about...
by Lara | Mar 20, 2014 | Gold |
Downwards movement again has continued as expected. We now have a clear breach of the pink channel on the daily chart providing final confirmation of a trend change at minor degree. Summary: I have full confidence in a trend change. I expect overall downwards movement...
by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 14, 2014 | Gold
Upwards movement continued as expected. The target of 1,387 to 1,390 has been met at 1,388.10. I have a main and an alternate hourly wave count for you today. Summary: Upwards movement may be over for now. This trend change requires confirmation. We need to see a...
