by Lara | Nov 30, 2013 | Gold |
Yesterday’s analysis had a main and alternate wave count which I judged to have an even probability. Upwards movement for Friday has taken Gold outside of the parallel channel on the daily chart. This is the first thing I was looking for to indicate which wave...
by Lara | Nov 27, 2013 | Gold
Yesterday’s analysis expected upwards movement for a third wave to begin towards a target at 1,286. The target was expected to be one to two days away. Price did move a little higher, but thereafter moved to a slight new low. The third wave has not yet begun....
by Lara | Nov 26, 2013 | Gold |
Movement above 1,249.06 confirmed the main wave count shortly after publication of yesterday’s analysis. At that stage the analysis expected a little more upwards movement, to be followed by a deep second wave correction. This is exactly what happened. Click on...
by Lara | Nov 25, 2013 | Gold |
Last analysis expected more downwards movement towards a target at 1,207 to 1,198. Price has moved lower, but so far is well short of the target. I have two hourly wave counts for you today. I will use confirmation / invalidation points to work with these two wave...
by Lara | Nov 24, 2013 | Gold |
Last analysis expected a small fourth wave correction to end about 1,246.71 before we saw more downwards movement. The fourth wave correction is most likely now to be complete at 1,249.06. The next wave should unfold early next week. The wave count remains the same....
by Lara | Nov 21, 2013 | Gold |
Yesterday’s analysis expected a third wave downwards to end about 1,234 to 1,236. The third wave has ended at 1,236.89. The wave count remains the same. Click on the charts below to enlarge. Gold is still within a large fourth wave correction at primary wave...
by Lara | Nov 20, 2013 | Gold |
Yesterday’s analysis expected downwards movement with an increase in momentum towards a short term target at 1,251. So far downwards movement has reached $3.34 below the target and momentum has increased. Click on the charts below to enlarge. Gold is still...
by Lara | Nov 19, 2013 | Gold
Yesterday’s analysis expected more downwards movement to a short term target at 1,264 to be followed by upwards movement for a second wave correction. Price did move a little lower but only reached down to 1,269.27. Sideways movement over the last several hours...
by Lara | Nov 18, 2013 | Gold |
Sideways movement completed a triangle before downwards movement breached the parallel channel on the hourly chart. The channel breach was what I was looking to see on Monday as an indication of a trend change. The wave count remains the same. I am not going to...
