by Lara | Mar 5, 2014 | Gold |
Price has moved very slightly higher in a mostly sideways day. Both wave counts remain valid and both remain the same. Summary: The situation is unclear. While price remains within the green channel on the daily chart we should assume that the trend remains the same,...
by Lara | Mar 3, 2014 | Gold
Movement above 1,333.02 invalidated the hourly wave count. Upwards movement was not expected for Monday’s session. The wave count is changed. Summary: Minor wave A is continuing higher. The target at 1,377 – 1,380 may be met within two days. This analysis...
by Lara | Feb 28, 2014 | Gold |
Yesterday’s price movement completed a small green doji. Thereafter price has turned lower to breach the green parallel channel on the hourly chart. This was expected for the main wave count and was required for confidence in a trend change. The green channel is...
by Lara | Feb 20, 2014 | Gold |
Price has moved a little lower. Thereafter, it has turned up a little remaining well below the invalidation point. The green candlestick on the daily chart for Thursday’s session does not alter the wave count at all. It remains the same. This analysis is...
by Lara | Feb 19, 2014 | Gold
Yesterday I expected to see downwards movement. Price has moved mostly sideways and a red candlestick has been produced on the daily chart which fits the wave count perfectly. This analysis is published about 02:45 p.m. EST. The wave count remains the same. Summary: I...
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 | Feb 13, 2014 | Gold |
The fourth wave correction which was expected to show after a little more upwards movement had already arrived at the time last analysis was published. The channel on the hourly chart was clearly breached and the correction was over within 24 hours. The wave count...
by Lara | Feb 12, 2014 | Gold |
The target at 1,297 was expected to be met within 24 hours. Price has moved higher as expected to 1,296.38, just 0.62 below the target. The wave count remains the same. Summary: In the short term upwards movement is not over. The short term target is now widened to...
by Lara | Feb 11, 2014 | Gold |
A third wave up was expected and this is what happened. The wave count remains the same. Summary: Overall upwards movement should continue with corrections along the way. The target at 1,297 may be met within 24 hours after a small downwards correction. The target at...
