by Lara | May 27, 2014 | Gold
Finally we have the breakout we were expecting, and as expected it is to the downside. Movement below the lower triangle trend line and below 1,283.43 has confirmed this. Summary: The short term target is 1,256 for the first five down to end. Once this is complete I...
by Lara | May 1, 2014 | Gold |
I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...
by Lara | Apr 30, 2014 | Gold
More sideways movement was expected, which is what has happened. However, a new low slightly below the invalidation point on the main hourly wave count was not expected. Summary: It is most likely that Gold will remain range bound for another one or two days, with...
by Lara | Apr 17, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement before a new low below 1,282.60, but not below 1,277.79. Price has moved sideways in a small range to complete a small red doji candlestick. The wave count remains valid and the same. Summary: This...
by Lara | Apr 14, 2014 | Gold |
Last analysis had three hourly wave counts. The main wave count expected a little more upwards movement. The alternate wave count was invalidated. Summary: While price remains within the channel on the hourly chart we must expect the short term trend remains up. I am...
by Lara | Apr 1, 2014 | Gold
Price has moved slightly lower. The target was not reached. I have only one hourly wave count for you today. Summary: Downwards movement may have just ended. A clear breach of the orange channel on the hourly chart is required for confidence in a trend change. This...
by Lara | Mar 28, 2014 | Gold, Gold Historical |
Price has moved lower as expected for Friday, but the targets have not been met. At this stage the alternate hourly wave count diverges from the main wave count. Summary: The trend remains down. We may not see the increase in momentum I was expecting. This downwards...
by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 13, 2014 | Gold |
The short term target at 1,381 has not yet been met, but price has moved higher as expected. Summary: The trend is up. The target for it to end is now calculated at two degrees and so widens to a small zone at 1,387 to 1,390. This target may be met in two days. This...
