by Lara | Nov 4, 2015 | Gold |
Yesterday’s analysis expected downwards movement to be over at yesterday’s low or shortly thereafter. Price has continued substantially lower. Summary: In the short term, a new high above 1,122.95 would indicate a bounce up most likely from here. A bounce...
by Lara | Nov 3, 2015 | Gold, Gold Historical |
Downwards movement was not expected below 1,132.12. Only one bull wave count remains valid as does the bear. Summary: A five wave impulse is either over here or may be very soon. Use the smallest channel on the hourly chart to indicate when downwards movement is over....
by Lara | Nov 2, 2015 | Gold |
Upwards movement was expected, but this is not what happened. Price moved lower. However, there was no breach of the small channel on the hourly chart, so no confirmation of a trend change. Summary: A final low to 1,132.80 (but not below 1,132.12) may complete this...
by Lara | Oct 30, 2015 | Gold |
More downwards movement was expected for all wave counts. Targets were inadequate, but price did move lower and remained below the invalidation point which was close by. Summary: All wave counts will now expect upwards movement for some or all of next week. A new high...
by Lara | Oct 29, 2015 | Gold |
In the short term, a little upwards movement was expected to 1,164 or 1,171 (with the higher target at 1,171 favoured). Thereafter, more downwards movement was expected. Upwards movement ended at 1,162.79 and was followed by downwards movement. Summary: All wave...
by Lara | Oct 28, 2015 | Gold |
Downwards movement was expected, but price breached the invalidation point on the hourly chart first providing much confusion with the wave count. Summary: In the mid term, downwards movement should continue to at least 1,144. In the short term, a retracement of...
by Lara | Oct 27, 2015 | Gold |
Downwards movement was expected, but price has moved mostly sideways to complete a small green candlestick. Summary: Short term a little upwards movement to about 1,172 is expected to complete a second wave correction. Thereafter, downwards movement is expected to the...
by Lara | Oct 26, 2015 | Gold |
Downwards movement was expected. Price moved lower, but slowly, to complete a small red doji. Summary: More downwards movement is likely at least for the short / mid term. The target is 1,142 to be met in one day, although now it looks like it may take a little...
by Lara | Oct 23, 2015 | Gold |
Price whipsawed taking out both invalidation points and providing more confusion, not clarity. Summary: More downwards movement is likely at least for the short / mid term. The target is 1,142 to be met in two days time. A new low below 1,120.32 would be very bearish...
