by Lara | Feb 5, 2014 | Gold
Upwards movement was expected from the main hourly wave count which was strongly favoured. The downwards correction which followed it is finding support about the lower edge of the trend channel. Summary: I expect a little more downwards movement to complete a second...
by Lara | Feb 5, 2014 | US Oil
Last analysis of US Oil expected that upwards movement was over for now and that downwards movement should resume. Price has moved slightly higher before turning lower. Price remains below the invalidation point. Click on the charts below to enlarge. Minor wave 3 has...
by Lara | Feb 1, 2014 | Gold
More downwards movement was expected for Friday. Price moved sideways completing a doji candlestick on the daily chart and the invalidation point on the hourly chart was not breached. The wave count remains the same. Summary: Downwards movement is still not over. The...
by Lara | Jan 30, 2014 | Gold |
I expected downwards movement for Thursday’s session which is what happened. The short and mid term targets have not yet been met and remain the same. Summary: A third wave is underway and may have just passed the middle. The short term target remains at 1,224...
by Lara | Jan 30, 2014 | Silver |
At the daily chart level it looks like minute wave ii is incomplete and found resistance at the upper edge of the channel. I would expect a little more downwards movement overall to complete an ending contracting diagonal, which should be followed by overall upwards...
by Lara | Jan 29, 2014 | US Oil
Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76. The wave count remains the same. Click on the charts below to...
by Lara | Jan 23, 2014 | Gold |
Yesterday’s analysis expected one or two days of downwards movement towards a target at 1,211.60. We have had only one more day of a little downwards movement which ended at 1,231.69. Summary: This upwards movement is close to an end for the short term and the...
by Lara | Jan 21, 2014 | Gold |
Yesterday’s analysis expected downwards movement for Tuesday to complete a red candlestick. This is exactly what happened. I have two hourly wave counts for you today. Summary: Price should move higher over the next few hours, maybe to end between 1,247.04 to...
by Lara | Jan 15, 2014 | Gold
Last analysis expected more downwards movement from both the main and alternate wave counts. This is what has happened. I am swapping over the main and alternate wave counts because the alternate has a better more typical fit. Although at this stage it makes no...
