by Lara | Apr 25, 2013 | Gold
Last analysis of gold expected it was likely that a fourth wave correction was over and price should move lower. However, it was also stated that without a clear five down and a new low we could not eliminate the possibility that the fourth wave correction may...
by Lara | Apr 18, 2013 | Gold
I am reverting back to my original gold wave count. Targets for that wave count have been breached so are recalculated. This wave count expects that downwards movement is a third wave. The structure is incomplete. It needs further downwards to go. Along the way we...
by Lara | Apr 12, 2013 | Gold, Gold Historical |
**Edit: This wave count has been clearly invalidated. I will use my prior wave count found here. Sometimes it takes someone pointing out a different way of seeing things in order for one to remove one’s blinkers. I was having difficulty with my count for gold,...
by Lara | Apr 11, 2013 | Gold
Last week’s analysis expected gold to move lower to a short term target at 1,533 before turning upwards for a correction. Price moved slightly lower but failed to get close to the target, moving only down to 1,540.24 before turning higher. With movement above...
by Lara | Apr 4, 2013 | Gold
Last week’s gold analysis expected more downwards movement to reach below 1,584 before upwards movement for a deep correction. Price has moved lower as expected, significantly below 1,584. There was no deep second wave correction, yet. Because downwards momentum...
by Lara | Mar 28, 2013 | Gold
Last analysis expected more upwards movement before a short term trend change. Upwards movement did make a new high and complete the structure. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave C. Within primary...
by Lara | Mar 21, 2013 | Gold
Movement above 1,599.78 invalidated the main wave count from last analysis and confirmed the alternate. At that stage price was expected to be in a higher degree longer lasting correction with an initial expected target about 1,646. Click on the charts below to...
by Lara | Mar 14, 2013 | Gold
Last week’s analysis expected gold to rise towards one of two targets. The first target was at 1,590 and the second at 1,604. Price has moved higher to reach up to 1,599.78, 4.22 below the second target. This week I expect gold to resume the downwards trend....
by Lara | Mar 7, 2013 | Gold
Last week’s analysis expected to see further downwards movement for gold, before a second wave correction. Price moved lower before beginning some sideways movement. This is pretty much what was expected. The wave count remains the same. I can now calculate...
