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 | May 1, 2014 | Gold |
I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...
by Lara | Apr 30, 2014 | Gold
More sideways movement was expected, which is what has happened. However, a new low slightly below the invalidation point on the main hourly wave count was not expected. Summary: It is most likely that Gold will remain range bound for another one or two days, with...
by Lara | Apr 28, 2014 | Gold |
Price did not move quite as high as expected at the start of Monday’s session. This changes the wave count. Summary: I expect to see choppy overlapping movement for another one to three days before the downwards trend resumes. This analysis is published about...
by Lara | Apr 25, 2014 | Gold
Upwards movement was expected. The target is not yet reached, but the structure is incomplete. The target may be reached on Monday. Summary: In the short term I expect to see a little more upwards movement. It may end about 1,308 or it may continue higher. If we see a...
by Lara | Apr 24, 2014 | Gold |
Price whipsawed to breach the invalidation points on both hourly wave counts. The situation is still unclear. Summary: In the short term I expect to see some more upwards movement. It may end about 1,308 or it may continue higher. If we see a new high above 1,331.29...
by Lara | Apr 24, 2014 | Gold |
The channel on the hourly chart has been clearly breached by upwards movement. I have two wave counts for you today. The situation is unclear. Summary: We need to see price break above 1,292.99 or below 1,276.36 to have clarity. This analysis is published about 8:45...
by Lara | Apr 18, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement to about 1,313 before some downwards movement to just below 1,282.60, but not below 1,277.79. Price moved sideways in a very small range. Summary: The structure of the downwards wave is still most likely...
by Lara | Apr 17, 2014 | Gold |
Yesterday’s analysis expected a little upwards movement before a new low below 1,282.60, but not below 1,277.79. Price has moved sideways in a small range to complete a small red doji candlestick. The wave count remains valid and the same. Summary: This...