Monthly Archives: January 2016

GOLD Elliott Wave Technical Analysis – 29th January, 2016

Downwards movement breached the invalidation point on the main hourly Elliott wave chart but not the alternate.

Continue reading GOLD Elliott Wave Technical Analysis – 29th January, 2016

GOLD Elliott Wave Technical Analysis – 28th January, 2016

Yesterday’s analysis expected sideways / downwards movement to a short term target about 1,114.

Price has moved lower as expected to reach to 1,111.76 so far.

Continue reading GOLD Elliott Wave Technical Analysis – 28th January, 2016

SILVER Elliott Wave Technical Analysis – 27th January, 2016

Last week’s Silver analysis expected more sideways movement, which is again exactly what has happened.

Continue reading SILVER Elliott Wave Technical Analysis – 27th January, 2016

GOLD Elliott Wave Technical Analysis – 27th January, 2016

More upwards movement was expected.

Continue reading GOLD Elliott Wave Technical Analysis – 27th January, 2016

GOLD Elliott Wave Technical Analysis – 26th January, 2016

Yesterday’s analysis expected a new high above 1,112.19 and an upwards breakout, which is exactly what has happened.

Continue reading GOLD Elliott Wave Technical Analysis – 26th January, 2016

US OIL Elliott Wave Technical Analysis – 24th January, 2016

Upwards movement has breached the cyan line which was providing resistance on the last updated US Oil daily chart. This indicates a trend change.

Continue reading US OIL Elliott Wave Technical Analysis – 24th January, 2016

GOLD Elliott Wave Technical Analysis – 22nd January, 2016

Upwards movement was expected. Price moved sideways in a small range to complete a very small red candlestick.

Price remains above the invalidation point and is hugging the support line.

Continue reading GOLD Elliott Wave Technical Analysis – 22nd January, 2016

SILVER Elliott Wave Technical Analysis – 21st January, 2016

Last week’s Silver analysis expected more sideways movement, which is exactly what has happened.

Continue reading SILVER Elliott Wave Technical Analysis – 21st January, 2016

GOLD Elliott Wave Technical Analysis – 21st January, 2016

A correction was expected. A likely place for it to end was at 1,093.

Price moved lower to reach 1,092.4 and turned up from there.

Continue reading GOLD Elliott Wave Technical Analysis – 21st January, 2016

GOLD Elliott Wave Technical Analysis – 19th January, 2016

Sideways movement remains above the invalidation point on the hourly chart.

The short term Elliott wave count is changed slightly. The longer term picture is the same.

Continue reading GOLD Elliott Wave Technical Analysis – 19th January, 2016