by Lara | Oct 31, 2013 | Gold
Movement below 1,340.90 invalidated yesterday’s hourly wave count. I have gone back and re-analysed this recent upwards movement from 1,251.76 because something else must be happening. The wave count at the daily chart level remains mostly the same. I have two...
by Lara | Sep 26, 2013 | Gold |
Last analysis expected more upwards movement, which is exactly what has happened. The wave counts remain the same. Click on the charts below to enlarge. There are still several possible structures for primary wave 4. So far we have a three down from the high at...
by Lara | Sep 24, 2013 | Gold
The small channel on the hourly chart was breached, but price has moved sideways not higher. It looks like we may be seeing a small triangle complete. When this is done we should see a brief sharp downward thrust, to be followed by the resumption of upwards movement....
by Lara | Sep 22, 2013 | Gold |
Last analysis had two hourly wave counts. The alternate was confirmed quickly with movement below 1,359.20. The alternate hourly wave count expected more downwards movement to the most likely target at 1,323.12. Friday’s session reached down to 1,324.94. A...
by Lara | Sep 14, 2013 | Gold
Last analysis expected downwards movement to a short term target at 1,308. Price reached down to 3.02 below the target before turning upwards, but it did not manage to stay within the narrowly drawn channel on the hourly chart. The wave count remains mostly the same....
by Lara | Sep 6, 2013 | Gold
Downwards movement invalidated both hourly wave counts, which both had very close by invalidation points. I have spent more time today looking at structures on the monthly chart, at primary and cycle degree. I have a new alternate for you which sees recent upwards...
