by Lara | Mar 3, 2014 | Gold
Movement above 1,333.02 invalidated the hourly wave count. Upwards movement was not expected for Monday’s session. The wave count is changed. Summary: Minor wave A is continuing higher. The target at 1,377 – 1,380 may be met within two days. This analysis...
by Lara | Feb 27, 2014 | Gold |
Yesterday’s analysis expected overall downwards movement. A small second wave correction on the main hourly chart was assumed to be incomplete, and price moved higher to complete this. Price thereafter turned lower to create a small red candlestick for the day....
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 29, 2014 | Gold |
Yesterday’s analysis expected more downwards movement which is not what happened. Movement above 1,261.92 invalidated the hourly wave counts. Summary: The hourly wave count which expects more downwards movement for a few days still has the highest probability of...
by Lara | Jan 14, 2014 | Gold
Last analysis expected one or two more days of upwards movement towards a target at 1,280. This is not what happened. Downwards movement has breached the parallel channel on the hourly chart, and invalidated the main wave count at the hourly chart level. The wave...
by Lara | Jan 11, 2014 | Gold
The main hourly wave count for last analysis had a higher probability than the alternate and expected more upwards movement. This is what happened, and price movement above 1,231.64 invalidated the alternate providing further confidence in the main wave count. As more...
by Lara | Dec 11, 2013 | Gold
Price has moved lower. I had expected it a little, but I had not expected it to be this slow. The situation at this stage is unclear. I have looked for alternates for you, including a bullish alternate which sees a trend change at 1,211.83 five days ago. I have...
by Lara | Dec 9, 2013 | Gold |
Last analysis expected to see downwards movement for this week. Price has not move lower. It has moved slowly upwards and remains below the invalidation point on the hourly chart. Click on the charts below to enlarge. Gold is still within a large fourth wave...
by Lara | Nov 27, 2013 | Gold
Yesterday’s analysis expected upwards movement for a third wave to begin towards a target at 1,286. The target was expected to be one to two days away. Price did move a little higher, but thereafter moved to a slight new low. The third wave has not yet begun....
