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 27, 2013 | Silver |
Last analysis expected upwards movement for Silver. The target was 26.09. Price moved upwards and was 2.673 short of the target. It made a new high, then turned lower, and has been moving sideways for four days. Downwards movement looks like a typically deep second...
by Lara | Sep 26, 2013 | US Oil |
From yesterday downwards movement was expected, and did happen. I can update the wave count slightly for you today with a channel to show where the next fourth wave should find resistance.
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 | US Oil
Last week expected one final fifth wave before a trend change. That is not what happened. The trend change may have already occurred. Oil has been a frustrating market to analyse for the last month or so. I am very keen to get it right this week! Click on the charts...
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....
