Yuna Kim of South Koreak and Julia Lipnitskaia of Russia will be competing against one another for the first time in the Winter Olympics 2014 Ladies Figure Skating Short Program on Wednesday, and the Free Skate event on Thursday. They will also be competing with Team USA's Ashley Wagner and Gracie Gold.

The competition can be watched online through NBC's free live stream via the link below, and results are shown at the foot of this article.

Yuna Kim is the defending Olympic Gold Medal Champion coming into the Sochi Winter Olympics, and she will be the favorite this time around as well. Although Russian sensation Julia Lipnitskaia will also be expected to push her all the way in front of her fanatical home crowd.

All skaters have been seen practicing at the Iceberg Skating Palace in Sochi over recent days, but now they must put all that practice onto the ice in front of millions of ice skating fans across the globe.

Kim has been running through her routine all week and will be performing to "Send in the Clowns" in what is sure to be an emotional and beautiful performance.

However, Kim may face her most challenging battle yet, with 15-year-old Russian Julia Lipnitskaia seemingly in her element in front of her home crowd. She performed amazingly last week in the team event, helping Russia to the Team gold medal, and she will look to build even more on that form to try and cause a massive upset by taking the crown away from Kim.

As for Team USA, Ashley Wagner and Gracie Gold will be the main competitors trying to get on the podium. Gold has been in a great form of late and she will be hoping to try and displace competition for the bronze medal. Wagner though is the more experienced of the pair, but she has been struggling for form over recent months. However, Wagner, if able to put on her top performance could be fighting for the podium as well.

Many are saying this week's contest - which will see her face off against 15-year-old Russian Julia Lipnitskaia for the first time - will be Kim's toughest yet.

Ahead of the competition, Kim has said, "Many people talk about winning two straight gold medals, but I'm not focusing on defending the title. I just hope to do everything I've prepared to do. As long as I can do that, I think the results will follow and I should be able to end my career without regrets,"

The Ladies' Short Program at the Winter Olympics 2014 will start on Wednesday, Feb. 19, 2014 at 10 a.m. ET, where as the Free Skate event will start at 10 a.m. ET on Thursday, Feb. 20, 2014, and can be watched online through free live stream by clicking here.

The full results of the short program on Feb. 19 can be seen below:

1. KOR Yuna KIM 74.92
2. RUS Adelina SOTNIKOVA 74.64
3. ITA Carolina KOSTNER 74.12
4. USA Gracie GOLD 68.63
5. RUS Yulia LIPNITSKAYA 65.23
6. USA Ashley WAGNER 65.21
7. 12 USA Polina EDMUNDS 61.04
8. JPN Akiko SUZUKI 60.97
9. FRA Mae Berenice MEITE 58.63
10. GER Nathalie WEINZIERL 57.63
11. CHN Zijun LI 57.55 Q
12. ITA Valentina MARCHEI 57.02
13. CAN Kaetlyn OSMOND 56.18
14. CHN Kexin ZHANG 55.80
15. JPN Kanako MURAKAMI 55.60
16. JPN Mao ASADA 55.51
17. GEO Elene GEDEVANISHVILI 54.70
18. KOR Haejin KIM 54.37
19. CAN Gabrielle DALEMAN 52.61
20. CZE Elizaveta UKOLOVA 51.87
21. SVK Nicole RAJICOVA 49.80
22. AUS Brooklee HAN 49.32
23. KOR So Youn PARK 49.14
24. NOR Anne Line GJERSEM 48.56
25. GBR Jenna MCCORKELL 48.34
26. AUT Kerstin FRANK 48.00
27. SWE Viktoria HELGESSON 47.84
28. UKR Natalia POPOVA 47.42
29. EST Elena GLEBOVA 46.19
30. BRA Isadora WILLIAMS 40.37