by Lara | Oct 2, 2013 | Gold
Last analysis expected upwards momentum to increase. We have seen exactly the opposite of that expectation. Movement below 1,291.84 invalidated the main wave count and confirmed the alternate. In addition to the alternate I have a new wave count for you today, which...
by Lara | Sep 30, 2013 | Gold |
Last analysis expected a completion of a small fourth wave triangle to be followed by upwards movement towards the short term target at 1,354. The triangle completed as expected with sideways movement, and was followed by an upwards thrust which reached 1,352.90, just...
by Lara | Sep 28, 2013 | Gold |
Last analysis expected more upwards movement for Friday which is what happened. Confidence in this wave count increased with price movement above 1,332.33. The wave count remains the same. Click on the charts below to enlarge. There are still several possible...
by Lara | Sep 26, 2013 | Gold
Yesterday’s analysis expected upwards movement from gold for Thursday’s session. A slight new high was made before price turned lower. Price remains above the invalidation point on the hourly chart. Click on the charts below to enlarge. There are still...
by Lara | Sep 26, 2013 | Gold |
Last analysis expected more upwards movement, which is exactly what has happened. The wave counts remain the same. Click on the charts below to enlarge. There are still several possible structures for primary wave 4. So far we have a three down from the high at...
by Lara | Sep 25, 2013 | Gold
Yesterday’s analysis expected the completion of a small triangle to be followed by a sharp downwards thrust. The update for yesterday gave a target for this downwards thrust to end at 1,305. It ended at 1,305.90. We now have a clear channel breach on the hourly...
by Lara | Sep 24, 2013 | Gold |
This is a very quick update (seeing as I’m up managing the new membership) for the hourly chart for Gold. The triangle has completed as expected. The sharp downwards thrust may possibly be about an hour away from ending. Extend the triangle trend lines. The...
by Lara | Sep 24, 2013 | Gold
The small channel on the hourly chart was breached, but price has moved sideways not higher. It looks like we may be seeing a small triangle complete. When this is done we should see a brief sharp downward thrust, to be followed by the resumption of upwards movement....
by Lara | Sep 22, 2013 | Gold |
Last analysis had two hourly wave counts. The alternate was confirmed quickly with movement below 1,359.20. The alternate hourly wave count expected more downwards movement to the most likely target at 1,323.12. Friday’s session reached down to 1,324.94. A...
