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 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 18, 2014 | Gold
Downwards movement was expected for the main wave count. I have a new alternate wave count for you. Summary: I expect a little upwards movement to 1,366 to complete a correction. This should be followed by more downwards movement. We need to see a clear breach of the...
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 4, 2014 | Gold |
Movement below 1,342.57 invalidated the main hourly wave count and confirmed the alternate. At that stage the short term target for downwards movement was 1,335. So far price has reached down to 1,331.43. The strong red candlestick on the daily chart must be taken...
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 3, 2014 | Gold
I had expected price to move lower for Monday but this is not what happened. Upwards movement breached the invalidation point on the hourly wave count. The wave count remains the same. Summary: It is still likely we shall see movement below 1,231.69. If price moves...
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 17, 2014 | Gold |
I had expected more downwards movement towards a short term target at 1,226 which was expected to be over within 24 hours, before the resumption of the upwards trend. We did not see the downwards movement I had expected. Movement above 1,245.40 invalidated the hourly...
