by Lara | Apr 22, 2014 | Gold |
The channel on the hourly chart was not clearly breached, and a new low below 1,277.47 has invalidated the main hourly wave count and confirmed the second alternate. Now we have some clarity I have just the one hourly wave count for you today. Summary: The minor...
by Lara | Apr 21, 2014 | Gold |
I had expected to see a little downwards movement to begin the week, to reach slightly below 1,282.60 but not below 1,277.79. So far price has reached down to 1,282.04 and turned up slightly. Summary: I expect overall upwards movement from here to either 1,336 or...
by Lara | Apr 17, 2014 | Silver |
The wave count was invalidated with downwards movement. I was too quick to label the C wave of the triangle as complete. Overall the wave count remains the same. Click on charts to enlarge. Minor wave B still looks like it is unfolding as a regular contracting...
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 15, 2014 | Gold |
Yesterday’s analysis expected price to move lower for a small B wave correction against the trend. Price has moved lower, and strongly so. The wave count remains valid and the same. Summary: This downwards movement is an incomplete correction against the current...
by Lara | Apr 15, 2014 | US Oil |
Last analysis looked for a channel breach on the hourly chart before confidence could be had in a trend change and downwards targets. The channel was not breached and upwards movement continued. Price remains below the invalidation point on the daily chart. Click on...
by Lara | Apr 8, 2014 | Gold |
Upwards movement reached 1,314.48, just 1.48 above the short term target of 1,313 for the main hourly wave count. Summary: The structure of this upwards movement is clearer: it is an unfolding zigzag. This expects overall a clearer upwards trend. This should continue...
by Lara | Apr 8, 2014 | Silver |
Last analysis expected a little more downwards movement to a target at 19.13 before a trend change. The trend change had already happened at 19.579 and price did not move lower. Overall the wave count remains the same. Click on charts to enlarge. Minor wave B looks...
by Lara | Apr 7, 2014 | Gold |
A little downwards movement was expected, but I had not expected it to be this deep or last this long for the main wave count. However, on the hourly chart the structure looks typical and the wave count has the right look. Both hourly wave counts remain valid. The...
