by Lara | Mar 14, 2014 | Gold
Upwards movement continued as expected. The target of 1,387 to 1,390 has been met at 1,388.10. I have a main and an alternate hourly wave count for you today. Summary: Upwards movement may be over for now. This trend change requires confirmation. We need to see a...
by Lara | Feb 28, 2014 | Gold |
Yesterday’s price movement completed a small green doji. Thereafter price has turned lower to breach the green parallel channel on the hourly chart. This was expected for the main wave count and was required for confidence in a trend change. The green channel is...
by Lara | Feb 13, 2014 | Gold |
The fourth wave correction which was expected to show after a little more upwards movement had already arrived at the time last analysis was published. The channel on the hourly chart was clearly breached and the correction was over within 24 hours. The wave count...
by Lara | Jan 30, 2014 | Gold |
I expected downwards movement for Thursday’s session which is what happened. The short and mid term targets have not yet been met and remain the same. Summary: A third wave is underway and may have just passed the middle. The short term target remains at 1,224...
by Lara | Jan 15, 2014 | Gold
Last analysis expected more downwards movement from both the main and alternate wave counts. This is what has happened. I am swapping over the main and alternate wave counts because the alternate has a better more typical fit. Although at this stage it makes no...
by Lara | Jan 13, 2014 | Gold |
Last analysis expected more upwards movement towards a short term target about 1,256 which was expected to be reached on Monday. Price has moved higher and has reached 1,254.58 during Monday’s session, just 1.42 short of the target. I am changing the degree of...
by Lara | Oct 15, 2013 | Gold |
Yesterday’s analysis expected downwards movement which is what happened. The short term target at 1,241 was not met as price has fallen 10.76 short before turning upwards for another correction. The wave count remains the same. Click on the charts below to...
by Lara | Oct 5, 2013 | Gold
Last analysis expected a little more upwards movement before a trend change. Price moved sideways in a very small range, completing a triangle for a B wave. The wave count remains the same. Click on the charts below to enlarge. It is most likely that primary wave 4 is...
