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...
by Lara | Jan 16, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement towards a short term target at 1,246 to be followed by downwards movement. Price moved higher to reach 1,245.40. It may have turned there. The next downwards wave was expected to be over by now but it is...
by Lara | Jan 11, 2014 | Gold
The main hourly wave count for last analysis had a higher probability than the alternate and expected more upwards movement. This is what happened, and price movement above 1,231.64 invalidated the alternate providing further confidence in the main wave count. As more...
by Lara | Jan 8, 2014 | Gold
The main and first alternate hourly wave counts yesterday expected more downwards movement which is what we have seen. The second alternate now looks extremely unlikely and will be discarded. At this stage the two remaining wave counts expect the same direction next....
by Lara | Jan 7, 2014 | Gold |
Yesterday’s analysis had three hourly wave counts. The main wave count expected upwards movement, and the two alternates expected downwards movement. Price has moved lower but not low enough to invalidate yesterday’s main hourly wave count. All three wave...
by Lara | Jan 4, 2014 | Gold |
Movement above 1,231.74 invalidated the main hourly wave count and confirmed the alternate. At that stage the wave count expected more upwards movement. The wave count remains the same. Click on the charts below to enlarge. Gold is still within a large fourth wave...
by Lara | Jan 1, 2014 | Gold |
Last analysis expected two more days of downwards movement towards a target at 1,155 to 1,159. We have seen one more day of downwards movement reaching only to 1,180.84. I expect we have just seen an intermediate degree trend change one day earlier and $21.84 short of...
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 19, 2013 | Gold
Yesterday’s short term target at 1,205 has been comfortably passed, and at the time of publication price is 13.67 below the target. The wave count remains the same. Click on the charts below to enlarge. Gold is still within a large fourth wave correction at...
