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GOLD Elliott Wave Technical Analysis – 30th April, 2014

More sideways movement was expected, which is what has happened. However, a new low slightly below the invalidation point on the main hourly wave count was not expected. Summary: It is most likely that Gold will remain range bound for another one or two days, with...

GOLD Elliott Wave Technical Analysis – 25th April, 2014

Upwards movement was expected. The target is not yet reached, but the structure is incomplete. The target may be reached on Monday. Summary: In the short term I expect to see a little more upwards movement. It may end about 1,308 or it may continue higher. If we see a...

NZDUSD Elliott Wave Technical Analysis – 19th April, 2014

Click on charts to enlarge. The first thing I have some confidence in for this wave count is the structure of primary wave 1 downwards as a five. This indicates a trend change at the high of 0.88435. Primary wave 1 subdivides as a leading expanding diagonal (albeit...