by Lara | Oct 11, 2013 | Gold
Yesterday’s analysis expected more downwards movement, with a second wave correction along the way. This is pretty much what has happened; price has stepped lower with corrections along the way. The short term target for last analysis was at 1,287. Price has...
by Lara | Oct 9, 2013 | Gold
Last analysis expected downwards movement as most likely, which is exactly what happened. The trend channel and confirmation price point at 1,308.68 on the hourly chart were breached. Click on the charts below to enlarge. This is the main wave count with the highest...
by Lara | Oct 8, 2013 | Gold |
Last analysis expected more upwards movement for gold, which is what happened. However, price did not complete the triangle and move up to the target as expected. I will present all the alternate wave counts that I can see today, and keep publishing them until one by...
by Lara | Oct 8, 2013 | Gold
Last analysis expected downwards movement. This is not what happened, and movement above 1,325.66 invalidated the hourly wave count. Click on the charts below to enlarge. It is most likely that primary wave 4 is not over and is unfolding as a large flat correction....
by Lara | Oct 5, 2013 | Gold
At the end of week analysis, published yesterday, I was unable to connect to my data provider and could not obtain all of Friday’s data. The chart below includes updated data up to the end of Friday. Friday ended mostly as I had expected: price moved higher to...
by Lara | Oct 5, 2013 | Gold
Last analysis expected a little more upwards movement before a trend change. Price moved sideways in a very small range, completing a triangle for a B wave. The wave count remains the same. Click on the charts below to enlarge. It is most likely that primary wave 4 is...
by Lara | Oct 3, 2013 | Gold |
Yesterday’s analysis expected an end to a second wave correction before a third wave down began. The second wave correction is moving sideways as a double and is incomplete. When it is done the third wave may begin. Click on the charts below to enlarge. It is...
by Lara | Oct 2, 2013 | Gold
Yesterday’s update expected more downwards movement with small fourth wave corrections along the way. This was not what happened as price moved higher in a deep second wave correction. Click on the charts below to enlarge. This wave count sees gold in a grand...
by Lara | Oct 2, 2013 | Gold
The structure on the hourly chart has changed slightly. The fourth wave correction which was unfolding continued a little higher and is now a perfect expanded flat with micro wave C just 0.07 longer than 1.618 the length of micro wave A. This changes the target for...
