by Lara | May 27, 2014 | Gold |
With markets closed in the US for Memorial Day Gold has had a very quiet day, completing a small B wave triangle. The wave count remains the same. Summary: I expect to see a break to the downside by the middle of this week. Movement below 1,283.43 would indicate a...
by Lara | May 16, 2014 | Gold
Downwards movement continues as expected, but we have not yet seen the increase in momentum I had expected. Summary: A third wave down has still most likely begun. The target for it to end is 1,247 and this may be reached in six more days. This analysis is published...
by Lara | May 14, 2014 | Gold |
Movement above 1,298.93 indicated the alternate wave count was correct and at that stage it expected more upwards movement. I had expected price to move lower and show an increase in downwards momentum for Wednesday’s session. This is not what happened. Summary:...
by Lara | May 14, 2014 | Gold |
Yesterday’s analysis expected to see some downwards movement, from both the main and alternate hourly wave counts. This is what has happened. With a further 24 hours price action to analyse I now have more confidence in the main hourly wave count. Summary: I...
by Lara | May 12, 2014 | Gold |
End of week analysis expected to see one or two days overall of downwards movement towards a target at 1,267. Price did begin the new trading week with downwards movement, but only reaching to 1,277.57 in the first hour. Thereafter, upwards movement has breached the...
by Lara | May 4, 2014 | Gold |
I expect that Gold has finished this correction and should break out of the range in which it has been trading for the last 23 days. I expect to see downwards movement next week. Friday’s price action has necessitated a reanalysis of recent movement and the wave...
by Lara | Apr 29, 2014 | Gold |
Yesterday’s analysis expected to see more choppy overlapping movement. Tuesday has ended with a small doji candlestick, which fits the expectations exactly. Summary: It is most likely that Gold will remain range bound for another one or two days, with slightly...
by Lara | Mar 18, 2014 | Gold
Downwards movement was expected for the main wave count. I have a new alternate wave count for you. Summary: I expect a little upwards movement to 1,366 to complete a correction. This should be followed by more downwards movement. We need to see a clear breach of the...
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...
