by Lara | Mar 21, 2014 | Gold |
Last analysis expected continued downwards movement to a short term target at 1,295 to 1,293. This is not what happened; price moved slowly higher. Although the wave count remained valid the green candlestick on the daily chart indicates it was wrong and so it is...
by Lara | Mar 19, 2014 | Gold
Downwards movement was expected for both the main and alternate wave counts. I had expected a little more upwards movement to 1,366 first, but this target was not reached. Summary: The main wave count has increased in probability. If the next candlestick remains below...
by Lara | Mar 18, 2014 | Gold
Downwards movement was expected for the main wave count. I have a new alternate wave count for you. Summary: I expect a little upwards movement to 1,366 to complete a correction. This should be followed by more downwards movement. We need to see a clear breach of the...
by Lara | Mar 17, 2014 | Gold |
Monday began with a little more upwards movement before price turned lower to complete a red candlestick. Summary: Upwards movement may be over for now. I have a little confidence in a trend change today due to the clear red candlestick on the daily chart. However,...
by Lara | Mar 13, 2014 | Gold |
The short term target at 1,381 has not yet been met, but price has moved higher as expected. Summary: The trend is up. The target for it to end is now calculated at two degrees and so widens to a small zone at 1,387 to 1,390. This target may be met in two days. This...
by Lara | Mar 12, 2014 | Gold |
The short term target at 1,364 was met and passed. Upwards movement was expected. Summary: The trend is up. The target for it to end remains the same, at 1,390. This target may be met in three days. This analysis is published about 03:30 p.m. EST. Click on charts to...
by Lara | Mar 11, 2014 | Gold |
The main wave count expected upwards movement which is what we have seen. The wave count remains the same. Summary: I expect that we have seen a trend change back to the upside. Movement above 1.353.07 would confirm this. The mid term target is at 1,390 for upwards...
by Lara | Mar 10, 2014 | Gold
Price moved lower as expected, but failed to reach the short term targets at 1,319 to 1,316. Downwards movement reached only to 1,328. Both wave counts are still valid but I favour the main wave count strongly. Summary: I expect that we may have just seen a trend...
by Lara | Mar 8, 2014 | Gold
Downwards movement has invalidated one of the three wave counts. The other two are still viable (with some adjustment). I now have a clear price point which will differentiate the two wave counts for next week, and I now judge one to have a higher probability than the...