by Lara | Dec 14, 2013 | Gold |
Both the first and second hourly wave counts expected more downwards movement to a target at 1,208 before price turned upwards. We did see some downwards movement before price turned upwards, but it ended at 1,220.65, which is $12.65 short of the target. Both wave...
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 9, 2013 | Gold |
Last analysis expected to see downwards movement for this week. Price has not move lower. It has moved slowly upwards and remains below the invalidation point on the hourly chart. Click on the charts below to enlarge. Gold is still within a large fourth wave...
by Lara | Dec 7, 2013 | Gold
Last analysis expected to see a green candlestick for Friday’s session which is exactly what we have got. However, upwards movement fell well short of the target of 1,252, by $7.26. The wave count remains the same. Click on the charts below to enlarge. Gold is...
by Lara | Dec 5, 2013 | Gold
Yesterday’s analysis expected a little more upwards movement before price turned down. This is not what happened. A careful analysis of the last downwards wave on the hourly chart will determine if this correction is over or not. Click on the charts below to...
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...
