by Lara | Dec 12, 2013 | Gold |
Movement below 1,244.74 has clarified the situation. At that stage the second hourly chart for the main wave count was confirmed, and more downwards movement was expected. Today I have the same main daily chart and two hourly charts for you. Click on the charts below...
by Lara | Dec 10, 2013 | Gold
Yesterday’s analysis expected downwards movement. This is not what happened. Movement above 1,244.74 invalidated the hourly wave count. The daily wave count remains valid. Click on the charts below to enlarge. Gold is still within a large fourth wave correction...
by Lara | Nov 28, 2013 | Gold |
Yesterday’s analysis expected more upwards movement from Gold. Price has moved higher, but it is not a convincing third wave… yet. I have the same main wave count with now two alternates at the daily chart level. The first alternate may be used if...
by Lara | Nov 13, 2013 | Gold |
A new low for Silver in the last 24 hours changes the situation. Yesterday’s alternate wave count for Silver was confirmed, and so I expect Gold should follow. I am swapping the main and alternate wave counts for Gold over today. I am still expecting a little...
by Lara | Nov 4, 2013 | Gold
Last analysis expected a little upwards movement to either about 1,327 or 1,340. Price did move a little higher, but remains within the channel on the hourly chart. The structure of the current wave is incomplete, and it should continue a little further. The wave...
by Lara | Oct 16, 2013 | Gold
Last analysis expected more upwards movement for a correction. Price has made a new high in choppy, overlapping sideways movement, which is typically corrective. The wave count remains the same. Click on the charts below to enlarge. This is the main wave count with...