by Lara | Jun 14, 2014 | Gold |
The short term expectation was for a correction to end about 1,263.79 and last about 24 hours. The correction did unfold, but it moved only sideways as a small fourth wave triangle that lasted 20 hours, ending as a very shallow fourth wave at 1,273.39. Summary: I am...
by Lara | Jun 10, 2014 | Gold |
Movement above 1,257.96 invalidated the main hourly wave count and was allowed for in the alternate wave count, but the structure was incorrect. I still have the same two wave counts for you. The structure at the hourly chart level is exactly the same, the...
by Lara | May 29, 2014 | Gold |
I had expected to see a green candlestick for Thursday’s session, but price has moved a little lower. I have two wave counts for you today. Summary: The second wave correction still must complete. It has most likely begun. I will expect a green candlestick for...
by Lara | May 15, 2014 | Gold |
Price has moved lower as expected. A clear breach of the channel on the hourly chart confirms a third wave down should have begun. Summary: A third wave down has most likely begun. The target for it to end is 1,247 and this may be reached in four more days, or more...
by Lara | May 5, 2014 | Gold
Upwards movement invalidated the triangle for minute wave b. The structure is more likely a combination. Upwards movement is either over here or should be over soon. Overall I expect to see the downwards trend resume this week. Summary: I want to see movement below...
by Lara | Feb 18, 2014 | Gold |
Price moved slightly higher to 2.28 above the previous target of 1,330, before turning downwards. Tuesday’s session has produced a clear red candlestick on the daily chart which is significant. This analysis is published about 02:35 p.m. EST. The wave count...
by Lara | Feb 15, 2014 | Gold
Upwards movement continued as expected. The target remains the same. The wave count remains the same. Summary: I expect overall more upwards movement towards the target at 1,330. It may not take another five days; minute wave c may not exhibit a Fibonacci time...
by Lara | Dec 30, 2013 | Gold
The main hourly wave count for last analysis expected downwards movement to begin the new trading week which is exactly what happened. This main wave count had a higher probability than the alternate. This main wave count still has a higher probability, and I will...
by Lara | Dec 28, 2013 | Gold
Last analysis expected a fourth wave correction may have been complete. A trend channel was provided for confirmation. We did not get confirmation and price moved higher, remaining just below the invalidation point. The wave count is mostly the same. Click on the...
