by Lara | Jan 30, 2014 | Silver |
At the daily chart level it looks like minute wave ii is incomplete and found resistance at the upper edge of the channel. I would expect a little more downwards movement overall to complete an ending contracting diagonal, which should be followed by overall upwards...
by Lara | Jan 29, 2014 | US Oil
Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76. The wave count remains the same. Click on the charts below to...
by Lara | Jan 23, 2014 | Gold |
Yesterday’s analysis expected one or two days of downwards movement towards a target at 1,211.60. We have had only one more day of a little downwards movement which ended at 1,231.69. Summary: This upwards movement is close to an end for the short term and the...
by Lara | Jan 21, 2014 | Gold |
Yesterday’s analysis expected downwards movement for Tuesday to complete a red candlestick. This is exactly what happened. I have two hourly wave counts for you today. Summary: Price should move higher over the next few hours, maybe to end between 1,247.04 to...
by Lara | Jan 15, 2014 | Gold
Last analysis expected more downwards movement from both the main and alternate wave counts. This is what has happened. I am swapping over the main and alternate wave counts because the alternate has a better more typical fit. Although at this stage it makes no...
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 13, 2014 | Silver |
Last analysis of Silver expected more upwards movement which is what we have seen. The short term target at 20.415 for the end of a third wave was almost met, and the third wave ended just 0.047 short of the target. The wave count remains mostly the same. I will...
by Lara | Jan 13, 2014 | Gold |
Last analysis expected more upwards movement towards a short term target about 1,256 which was expected to be reached on Monday. Price has moved higher and has reached 1,254.58 during Monday’s session, just 1.42 short of the target. I am changing the degree of...
by Lara | Jan 11, 2014 | Silver |
Last analysis of Silver on 31st December, 2013 expected a trend change and upwards movement. This is exactly what has happened so far. If price moves above 20.489 the new upwards trend would be confirmed. The wave count remains the same. Click on the charts below to...