by Lara | Jun 4, 2014 | Gold |
I had expected upwards movement to a short term target at 1,258 to 1,261. Price has moved sideways and the target is not met. I have a new alternate for you today. Summary: In the short term I expect more sideways movement for another one or two sessions. This...
by Lara | Jun 4, 2014 | Silver |
Downwards movement fits the main wave count, but only movement below 18.581 would confirm it. If the main wave count is correct we may be about to see some strong downwards movement over the next week. Click on charts to enlarge. Main Wave Count. Silver is within an...
by Lara | Jun 4, 2014 | Gold |
Sideways movement and a small green candlestick for Tuesday’s session fits yesterday’s alternate wave count nicely. This will now be my only wave count and I can calculate a target for you. The mid and long term pictures remain exactly the same. Summary:...
by Lara | Jun 2, 2014 | Gold |
Downwards movement was expected. Because an upwards correction has breached the base channel on the hourly chart, and because downwards momentum has not increased, I have an alternate hourly wave count for you today. Summary: The short term target for this week is...
by Lara | May 31, 2014 | Silver |
Price has moved sideways which fits both wave counts for Silver. I am today swapping over my main and alternate wave counts for Silver to be in line with what I expect to see for Gold. However, the alternate wave count below could still be correct. Silver made a new...
by Lara | May 29, 2014 | US Oil |
Last analysis expected that upwards movement was over and price should move lower. Price moved higher first, but remains below the invalidation point. Since reaching a high at 104.49 price has turned downwards. Summary: I expect that upwards movement is over for now....
by Lara | May 27, 2014 | Gold |
With markets closed in the US for Memorial Day Gold has had a very quiet day, completing a small B wave triangle. The wave count remains the same. Summary: I expect to see a break to the downside by the middle of this week. Movement below 1,283.43 would indicate a...
by Lara | May 24, 2014 | Gold |
Further sideways movement indicates a nine wave triangle is unfolding. It looks incomplete. The confirmation and invalidation points can now be moved closer together, reducing risk and increasing reward. Summary: A break below 1,283.43 would indicate Gold is breaking...
by Lara | May 21, 2014 | US Oil |
Last analysis expected a little upwards movement to the target at 102.14 to 102.61 to last about five days. So far upwards movement has reached 102.99 and has lasted six days from last analysis. Summary: I expect that upwards movement is over for now. A clear breach...