by Lara | Jun 13, 2013 | Gold
Last week’s analysis expected a triangle to complete and a sharp upwards thrust to follow it. The triangle did complete and remained valid as price remained above 1,388.88. The sharp upward thrust did happen but it did not reach the expectation of 1,475. A...
by Lara | Jun 11, 2013 | US Oil
Last week’s analysis of Oil expected more upwards movement which is what has happened. The wave count remains the same. Click on the charts below to enlarge. This wave count sees US Oil in a third wave downwards at intermediate degree, within a primary wave C...
by Lara | Jun 6, 2013 | Gold |
Last week’s analysis had two wave counts. The main wave count was invalidated with movement above 1,402.23. The alternate wave count expected more upwards movement for a fourth wave correction at minor degree. This week I have just the one wave count for you....
by Lara | Jun 5, 2013 | US Oil
Last week’s main wave count expected downwards movement to complete a triangle, but not for price to move below 92.21. We did see price move lower, but the triangle was invalidated. This has necessitated a reanalysis of the wave count. I have just the one wave...
by Lara | May 30, 2013 | Gold
Last week’s gold analysis expected downwards movement towards a target at 1,329. Price has not moved lower, but nor has it moved above the invalidation point at 1,419.78. Price has moved sideways for the week. Sideways movement looks like a contracting triangle....
by Lara | May 29, 2013 | US Oil
Last analysis had two wave counts. They both remain valid. Price has remained below the invalidation point at 100.43. Click on the charts below to enlarge. This wave count sees US Oil in a third wave downwards at intermediate degree, within a primary wave C down....
by Lara | May 23, 2013 | Gold
Last week’s analysis had a short term target on the hourly chart at 1,357 for micro wave 3. Price fell short of this target by 12.78 before a small fourth wave correction, then continued lower to complete a fifth wave. The following fourth wave correction has...
by Lara | May 22, 2013 | US Oil
This deeper than expected upwards movement has indicated the prior wave count may be incorrect, although the daily chart remained valid. I have taken another look at the bigger picture. I expect this upwards movement may be part of a larger second wave correction....
by Lara | May 16, 2013 | Gold
Last week’s analysis of gold expected downwards movement to a target for the week at 1,416. So far price has reached 28.74 below the target. Price is on track to meet the first target on the daily chart at 1,276. Click on the charts below to enlarge. This daily...
