Last analysis on 11th February expected overall upwards movement towards a target at 105.80.Price has moved higher as expected, with sideways corrections along the way. The target has not yet been reached and the structure is incomplete. I am expecting more upwards movement.I can now calculate the target at two wave degrees so it has widened to a small zone.Click […]
Although upwards movement remains below the invalidation point so far I do not think it is over. This upwards movement is part of a second wave correction one degree higher than I had previously expected. Overall I am expecting a continuation of upwards movement for a few days yet to about 105.80.Click on the charts below to enlarge.Minor wave 2 […]
Last analysis expected a fourth wave correction may have been complete. A trend channel was provided for confirmation. We did not get confirmation and price moved higher, remaining just below the invalidation point.The wave count is mostly the same.Click on the charts below to enlarge.Gold is still within a large fourth wave correction at primary wave degree which is incomplete. […]
