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 | Sep 25, 2013 | Gold
Yesterday’s analysis expected the completion of a small triangle to be followed by a sharp downwards thrust. The update for yesterday gave a target for this downwards thrust to end at 1,305. It ended at 1,305.90. We now have a clear channel breach on the hourly...