by Lara | Feb 12, 2014 | Gold |
The target at 1,297 was expected to be met within 24 hours. Price has moved higher as expected to 1,296.38, just 0.62 below the target. The wave count remains the same. Summary: In the short term upwards movement is not over. The short term target is now widened to...
by Lara | Feb 11, 2014 | Gold |
A third wave up was expected and this is what happened. The wave count remains the same. Summary: Overall upwards movement should continue with corrections along the way. The target at 1,297 may be met within 24 hours after a small downwards correction. The target at...
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...
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 26, 2013 | Gold
Last analysis expected a continuation of a fourth wave correction, with two hourly charts for two possible structures. The triangle was invalidated and this fourth wave subdivides nicely as a double zigzag, which may now be complete. Click on the charts below to...
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 22, 2013 | Gold
The short term target for Friday was 1,180. Price fell short of the target reaching only 1,187.36. Downwards movement ended perfectly at the lower edge of the pink parallel channel on the daily and hourly chart. The wave count remains the same. Click on the charts...
by Lara | Nov 26, 2013 | Gold |
Movement above 1,249.06 confirmed the main wave count shortly after publication of yesterday’s analysis. At that stage the analysis expected a little more upwards movement, to be followed by a deep second wave correction. This is exactly what happened. Click on...
