by Lara | Nov 18, 2013 | Gold |
Sideways movement completed a triangle before downwards movement breached the parallel channel on the hourly chart. The channel breach was what I was looking to see on Monday as an indication of a trend change. The wave count remains the same. I am not going to...
by Lara | Oct 26, 2013 | Gold
Analysis for Thursday had three alternate hourly wave counts, and one was invalidated on Friday. Two wave counts remain, and I must favour the main wave count. I will use the invalidation / confirmation price point to differentiate the two wave counts next week. Click...
by Lara | Oct 18, 2013 | Gold |
At this stage my wave counts for Gold and Silver diverge strongly. At the daily chart level both gold and silver turn together, which means one of my wave counts would have to be wrong. But I am unable to see a wave count for Silver at the moment which requires more...