by Lara | Feb 10, 2014 | Gold
Again upwards movement was expected. New highs and an increase in momentum were expected, and this is exactly what happened. The wave count remains the same. Summary: At this stage price should continue to move higher and may show a further increase in momentum. The...
by Lara | Dec 4, 2013 | Gold |
Yesterday’s short term target was at 1,237. Price did move higher, but not before making a new low. I had expected choppy, overlapping movement for about four days towards the eventual target at 1,242.74. Price has moved above this target to reach 1,251.84 so...
by Lara | Nov 9, 2013 | Gold
Thursday’s analysis expected sideways movement to end about 1,314.96, followed by strong downwards movement as a third wave began. Price moved sideways to reach 1,313.93 then turned downwards strongly. Downwards momentum has increased as expected. The wave count...
by Lara | Oct 31, 2013 | Gold
Movement below 1,340.90 invalidated yesterday’s hourly wave count. I have gone back and re-analysed this recent upwards movement from 1,251.76 because something else must be happening. The wave count at the daily chart level remains mostly the same. I have two...
by Lara | Sep 24, 2013 | Gold
The small channel on the hourly chart was breached, but price has moved sideways not higher. It looks like we may be seeing a small triangle complete. When this is done we should see a brief sharp downward thrust, to be followed by the resumption of upwards movement....
by Lara | Sep 22, 2013 | Gold |
Last analysis had two hourly wave counts. The alternate was confirmed quickly with movement below 1,359.20. The alternate hourly wave count expected more downwards movement to the most likely target at 1,323.12. Friday’s session reached down to 1,324.94. A...
by Lara | Sep 14, 2013 | Gold
Last analysis expected downwards movement to a short term target at 1,308. Price reached down to 3.02 below the target before turning upwards, but it did not manage to stay within the narrowly drawn channel on the hourly chart. The wave count remains mostly the same....
