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...
by Lara | Nov 11, 2013 | Gold
End of week analysis expected the new week to begin with sideways and a little upwards movement towards 1,293.62, before one more wave downwards. Price has moved sideways and slightly lower. This fourth wave correction may be completing a triangle or a flat, and the...
by Lara | Nov 2, 2013 | Gold |
Gold moved sideways and lower during Friday’s session. I had expected it to move higher. The main hourly wave count was invalidated with movement below 1,319.22. The alternate hourly wave count remains valid, but it no longer has the right look. We now have a...
by Lara | Nov 1, 2013 | Gold
Yesterday’s analysis expected more downwards movement towards a target about 1,325. Price has moved lower, so far down to 1,319.22, 5.78 below the target and extremely close to the 0.382 Fibonacci ratio on the main hourly wave count at 1,318.73. The wave counts...
by Lara | Oct 23, 2013 | Gold |
Yesterday’s analysis expected more upwards movement from gold before a correction. This is not what happened as price has moved a little lower, and the correction has already arrived. Click on the charts below to enlarge. Gold has completed its downwards wave...
by Lara | Oct 22, 2013 | Gold |
Yesterday’s gold analysis expected the main wave count to be invalidated and the alternate confirmed, which is what happened with movement above 1,330.09. The situation is clearer. I have just the one wave count now for you. Click on the charts below to enlarge....
by Lara | Oct 11, 2013 | Gold |
Yesterday’s analysis expected more downwards movement which is what we have seen. Price has moved below the first short term target which was at 1,276 to 1,274. Movement below 1,277.97 has invalidated the first alternate wave count. There is now just the main...
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...
