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 | Dec 28, 2013 | Gold
Last analysis expected a fourth wave correction may have been complete. A trend channel was provided for confirmation. We did not get confirmation and price moved higher, remaining just below the invalidation point. The wave count is mostly the same. Click on the...
by Lara | Dec 10, 2013 | Gold
Yesterday’s analysis expected downwards movement. This is not what happened. Movement above 1,244.74 invalidated the hourly wave count. The daily wave count remains valid. Click on the charts below to enlarge. Gold is still within a large fourth wave correction...
by Lara | Nov 13, 2013 | Gold |
A new low for Silver in the last 24 hours changes the situation. Yesterday’s alternate wave count for Silver was confirmed, and so I expect Gold should follow. I am swapping the main and alternate wave counts for Gold over today. I am still expecting a little...
by Lara | Nov 4, 2013 | Gold
Last analysis expected a little upwards movement to either about 1,327 or 1,340. Price did move a little higher, but remains within the channel on the hourly chart. The structure of the current wave is incomplete, and it should continue a little further. The wave...
by Lara | Oct 16, 2013 | Gold
Last analysis expected more upwards movement for a correction. Price has made a new high in choppy, overlapping sideways movement, which is typically corrective. The wave count remains the same. Click on the charts below to enlarge. This is the main wave count with...
