Monthly Archives: November 2015

US OIL Elliott Wave Technical Analysis – 30th November, 2015

Upwards movement was expected for the week, which is what happened overall.

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GOLD Elliott Wave Technical Analysis – 30th November, 2015

An upwards correction was expected to begin this week.

Monday is completing a green daily candlestick which fits the Elliott wave count perfectly.

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GOLD Elliott Wave Technical Analysis – 27th November, 2015

An upwards breakout of a triangle was expected.

Price broke out downwards, which was confirmed with a new low below 1,066.63.

The Elliot wave count has changed.

Continue reading GOLD Elliott Wave Technical Analysis – 27th November, 2015

GOLD Elliott Wave Technical Analysis – 26th November, 2015

Slow sideways movement was expected.

I have a new hourly Elliott wave count today which fits recent movement perfectly.

Continue reading GOLD Elliott Wave Technical Analysis – 26th November, 2015

SILVER Elliott Wave Technical Analysis – 25th November, 2015

A correction was expected to have begun.

Price has moved sideways for the last week, typical of a correction.

Continue reading SILVER Elliott Wave Technical Analysis – 25th November, 2015

GOLD Elliott Wave Technical Analysis – 24th November, 2015

A correction was expected to most likely continue, which is what has happened.

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US OIL Elliott Wave Technical Analysis – 24th November, 2015

Last analysis expected more downwards movement for the week which is what happened.

Continue reading US OIL Elliott Wave Technical Analysis – 24th November, 2015

GOLD Elliott Wave Technical Analysis – 23rd November, 2015

Upwards movement was expected but did not happen.

Price moved lower to invalidate the hourly Elliott wave count.

Continue reading GOLD Elliott Wave Technical Analysis – 23rd November, 2015

GOLD Elliott Wave Technical Analysis – 20th November, 2015

Upwards movement was expected.

Yesterday’s second hourly Elliott wave count looked at the possibility that upwards movement may be very choppy and overlapping. This is the correct Elliott wave count.

Continue reading GOLD Elliott Wave Technical Analysis – 20th November, 2015

SILVER Elliott Wave Technical Analysis – 19th November, 2015

Last week it was stated the trend was down but a correction was expected to turn up, indicated by a green daily candlestick.

Continue reading SILVER Elliott Wave Technical Analysis – 19th November, 2015

GOLD Elliott Wave Technical Analysis – 18th November, 2015

Yesterday’s alternate hourly Elliott wave count was confirmed with a slight new low. Thereafter, price is behaving as expected.

Continue reading GOLD Elliott Wave Technical Analysis – 18th November, 2015