by Lara | May 21, 2014 | Gold |
More sluggish sideways movement to complete another small doji candlestick was not what was expected. I have a new alternate wave count for you today. Summary: By the end of this week I expect Gold to break below 1,273.43. The downwards trend should resume. This...
by Lara | Apr 3, 2014 | Gold
Downwards movement in a small range remains above the invalidation point. The hourly wave counts remain the same but now have a more even probability. Summary: We may either see the continuation of a new upwards trend for about two weeks, or we may see very choppy...
by Lara | Jan 21, 2014 | Gold |
Yesterday’s analysis expected downwards movement for Tuesday to complete a red candlestick. This is exactly what happened. I have two hourly wave counts for you today. Summary: Price should move higher over the next few hours, maybe to end between 1,247.04 to...
by Lara | Jan 2, 2014 | Gold |
Last analysis expected a little more upwards movement before a second wave correction arrived. This is exactly what happened. The wave count remains the same. I have two hourly charts for you today. Click on the charts below to enlarge. Gold is still within a large...
by Lara | Dec 16, 2013 | Gold
Both the main and alternate hourly wave counts expected more upwards movement for Monday. The target for the main wave count was 1,251. So far it has been exceeded by 1.32. Both wave counts remain the same and both remain valid. Click on the charts below to enlarge....
by Lara | Nov 30, 2013 | Gold |
Yesterday’s analysis had a main and alternate wave count which I judged to have an even probability. Upwards movement for Friday has taken Gold outside of the parallel channel on the daily chart. This is the first thing I was looking for to indicate which wave...
by Lara | Nov 17, 2013 | Gold |
Last analysis expected a little more upwards movement to a short term target at 1,301. Price did not meet the target in a quiet sideways session. The wave counts remain the same. Click on the charts below to enlarge. Main Wave Count. Gold is still within a large...
by Lara | Oct 24, 2013 | Gold
Yesterday’s analysis expected downwards movement for a correction. This is not what happened as price has moved higher. The correction is still valid if it is a flat. I have three hourly wave counts (one main and two alternates) for you after considering as many...
by Lara | Sep 18, 2013 | Gold |
Yesterday’s analysis expected a little upwards movement to find resistance at the upper edge of a channel drawn on the hourly chart, before a trend change and more downwards movement. This is exactly what happened. The target at 1,260 is short / mid term and has...