by Lara | Jan 20, 2014 | Gold |
Last analysis expected a little more upwards movement towards a short term target at 1,263. Price has reached up to 1,263.06. Thereafter, at about this target a short term trend change was expected for a few days of overall downwards movement. Click on the charts...
by Lara | Jan 14, 2014 | Gold
Last analysis expected one or two more days of upwards movement towards a target at 1,280. This is not what happened. Downwards movement has breached the parallel channel on the hourly chart, and invalidated the main wave count at the hourly chart level. The wave...
by Lara | Jan 9, 2014 | Gold |
Yesterday’s main wave count expected more downwards movement towards a short term target at 1,215.4 before a trend change. Price moved only slightly lower, reaching 1,218.60, before turning slowly upwards. Click on the charts below to enlarge. Gold is still...
by Lara | Dec 23, 2013 | Gold
Last analysis expected a little more upwards movement towards a short term target at 1,210 before price turned lower. This is not what happened. Last analysis stated that if Monday produced a red candlestick that the current fourth wave correction would be unlikely to...
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 11, 2013 | Gold
Price has moved lower. I had expected it a little, but I had not expected it to be this slow. The situation at this stage is unclear. I have looked for alternates for you, including a bullish alternate which sees a trend change at 1,211.83 five days ago. I have...
by Lara | Nov 27, 2013 | Gold
Yesterday’s analysis expected upwards movement for a third wave to begin towards a target at 1,286. The target was expected to be one to two days away. Price did move a little higher, but thereafter moved to a slight new low. The third wave has not yet begun....
by Lara | Nov 25, 2013 | Gold |
Last analysis expected more downwards movement towards a target at 1,207 to 1,198. Price has moved lower, but so far is well short of the target. I have two hourly wave counts for you today. I will use confirmation / invalidation points to work with these two wave...
by Lara | Nov 12, 2013 | Gold
Last analysis expected more sideways and slightly higher movement before one more downwards wave. Price did not move higher, it moved sideways, and was followed by another wave downwards. The target at 1,271 was comfortably exceeded. I have a new alternate wave count...