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 | Nov 2, 2013 | Gold |
Gold moved sideways and lower during Friday’s session. I had expected it to move higher. The main hourly wave count was invalidated with movement below 1,319.22. The alternate hourly wave count remains valid, but it no longer has the right look. We now have a...
by Lara | Nov 1, 2013 | Gold
Yesterday’s analysis expected more downwards movement towards a target about 1,325. Price has moved lower, so far down to 1,319.22, 5.78 below the target and extremely close to the 0.382 Fibonacci ratio on the main hourly wave count at 1,318.73. The wave counts...
by Lara | Oct 31, 2013 | Gold
Movement below 1,340.90 invalidated yesterday’s hourly wave count. I have gone back and re-analysed this recent upwards movement from 1,251.76 because something else must be happening. The wave count at the daily chart level remains mostly the same. I have two...
by Lara | Oct 29, 2013 | Gold |
Yesterday’s analysis expected downwards movement from gold for a deep second wave correction which is exactly what happened. The wave count remains the same. Click on the charts below to enlarge. The structure for primary wave 4 cannot be a flat correction,...
by Lara | Oct 28, 2013 | Gold
Last analysis had a main wave count which was preferred, and expected more upwards movement. Price has moved higher. I have only one wave count for you now; the alternate was invalidated. Click on the charts below to enlarge. Gold has completed its downwards wave and...
by Lara | Oct 26, 2013 | Gold
Analysis for Thursday had three alternate hourly wave counts, and one was invalidated on Friday. Two wave counts remain, and I must favour the main wave count. I will use the invalidation / confirmation price point to differentiate the two wave counts next week. Click...
by Lara | Oct 24, 2013 | Gold
Yesterday’s analysis expected downwards movement for a correction. This is not what happened as price has moved higher. The correction is still valid if it is a flat. I have three hourly wave counts (one main and two alternates) for you after considering as many...
by Lara | Oct 23, 2013 | Gold |
Yesterday’s analysis expected more upwards movement from gold before a correction. This is not what happened as price has moved a little lower, and the correction has already arrived. Click on the charts below to enlarge. Gold has completed its downwards wave...
