by Lara | Aug 21, 2013 | Gold |
Last week’s analysis expected more upwards movement from gold towards a short term target at 1,431. Price did move higher but has fallen well short of the target. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...
by Lara | Aug 21, 2013 | US Oil |
Last week’s analysis of US Oil expected some more upwards movement to end just above 108.76 but not above 108.92. Price moved higher and turned at 108.17, just 0.59 short of the target. This week I expect an increase in downwards momentum for Oil. Click on the...
by Lara | Aug 15, 2013 | Gold |
Movement above 1,320.86 early in this last week confirmed the main hourly wave count which expected more upwards movement. This week I have just the one wave count for you. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...
by Lara | Aug 14, 2013 | US Oil
Last week’s analysis expected downwards movement to a short term target at 98.66 or 92.42. Price did move lower to make a new low at 102.24 but then turned back upwards. Price remains below the invalidation point on the daily chart and the wave count remains...
by Lara | Aug 8, 2013 | Gold
Last week’s analysis expected upwards movement from gold for the week. The hourly wave count was invalidated and price has moved lower, remaining above the invalidation point on the daily chart. Downwards movement is most likely a continuation of minor wave B....
by Lara | Aug 7, 2013 | US Oil
Last week’s analysis expected downwards movement for the week, with a second wave correction to come. The first wave was already over and the second wave unfolded as a very deep zigzag, ending just below the invalidation point on the daily chart. The hourly...
by Lara | Aug 1, 2013 | Gold
Last week’s analysis expected upwards movement for the week from gold. Price moved sideways before a sharp spike lower. Price has now turned back upwards. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave...
by Lara | Jul 31, 2013 | US Oil
I have run out of time today to do a full analysis of US Oil. I will publish charts only this week. The wave count is unfolding as expected and remains the same, so far. Click on the charts below to enlarge.
by Lara | Jul 25, 2013 | Gold
Last analysis expected choppy overlapping movement to 1,192.45 or below in the short to mid term. Overall the wave count expected further upwards movement for a fourth wave correction at intermediate degree. Price did not move lower, it moved higher. The most likely...