Monthly Archives: June 2016

GOLD Elliott Wave Technical Analysis – 30th June, 2016

Downwards movement was expected for the main hourly Elliott wave count, but this is not what happened. However, price remains below the invalidation point, so all three hourly wave counts remain valid.

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SILVER Elliott Wave Technical Analysis – 30th June, 2016

Last analysis expected a correction to continue lower for a few days. This is not what happened. Price has made new highs towards the longer term target.

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GOLD Elliott Wave Technical Analysis – 29th June, 2016

Both hourly Elliott wave counts in yesterday’s analysis expected at least some upwards movement.

Price has moved higher as expected.

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US OIL Elliott Wave Technical Analysis – 27th June, 2016

The main Elliott wave count expected downwards movement, which is what has happened over the last week for Oil.

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GOLD Elliott Wave Technical Analysis – 27th June, 2016

Sideways movement fits the expectations overall for the main hourly Elliott wave count in last analysis.

The picture today is a little clearer for the short term.

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GOLD Elliott Wave Technical Analysis – 24th June, 2016

Upwards movement was expected, but not as much as unfolded.

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SILVER Elliott Wave Technical Analysis – 22nd June, 2016

A breach of the small channel on the daily Elliott wave chart indicated a correction had arrived.

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US OIL Elliott Wave Technical Analysis – 20th June, 2016

Downwards movement was expected for the week.

The week began with two downwards days then price turned and moved higher, but so far it has not made a new high.

Continue reading US OIL Elliott Wave Technical Analysis – 20th June, 2016