by Lara | Apr 14, 2014 | Gold |
Last analysis had three hourly wave counts. The main wave count expected a little more upwards movement. The alternate wave count was invalidated. Summary: While price remains within the channel on the hourly chart we must expect the short term trend remains up. I am...
by Lara | Apr 12, 2014 | Gold |
Yesterday’s analysis expected to see a little upwards movement before price turned down. Upwards movement did not happen and price moved sideways in a small range to complete a small red doji candlestick. I have three hourly wave counts for you. Summary: The...
by Lara | Apr 2, 2014 | Gold |
Price has turned upwards as expected at the time of last analysis. I have two hourly wave counts for you today. Both expect upwards movement but they have different requirements. Summary: A clear breach of the trend channel on the main hourly chart provides me with...
by Lara | Apr 1, 2014 | Gold
Price has moved slightly lower. The target was not reached. I have only one hourly wave count for you today. Summary: Downwards movement may have just ended. A clear breach of the orange channel on the hourly chart is required for confidence in a trend change. This...
by Lara | Mar 28, 2014 | Gold, Gold Historical |
Price has moved lower as expected for Friday, but the targets have not been met. At this stage the alternate hourly wave count diverges from the main wave count. Summary: The trend remains down. We may not see the increase in momentum I was expecting. This downwards...
by Lara | Mar 27, 2014 | Gold |
Again, downwards movement was expected. The first target has not yet been reached. Summary: Momentum has still not shown an increase, but the third wave has still not yet reached its middle. I expect strong downwards momentum for the next day or so. The short term...
by Lara | Mar 26, 2014 | Gold |
Downwards movement was expected. The wave count remains the same. Summary: Momentum has not yet shown an increase, but the third wave has not yet reached its middle. I expect strong downwards momentum for the next day or so. The short term target for the next small...
by Lara | Mar 25, 2014 | Gold |
Yesterday’s analysis expected downwards movement to continue. A slight new low was made, but overall price has moved sideways and slightly higher for the session. The target remains the same and the wave count is mostly the same. Summary: It is most likely we...
by Lara | Mar 24, 2014 | Gold
As expected upwards movement found resistance at the pink trend line on the daily chart. Downwards movement continues towards the target. We now have a clear breach of the pink channel on the daily chart providing final confirmation of a trend change at minor degree....
