by Lara | Mar 4, 2014 | Gold |
Movement below 1,342.57 invalidated the main hourly wave count and confirmed the alternate. At that stage the short term target for downwards movement was 1,335. So far price has reached down to 1,331.43. The strong red candlestick on the daily chart must be taken...
by Lara | Feb 3, 2014 | Gold
I had expected price to move lower for Monday but this is not what happened. Upwards movement breached the invalidation point on the hourly wave count. The wave count remains the same. Summary: It is still likely we shall see movement below 1,231.69. If price moves...
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...
