Category Archives: Commodities

All commodity markets

GOLD Elliott Wave Technical Analysis – 1st December, 2017

A final upwards swing was expected by the strongly preferred Elliott wave count. This is again exactly what has happened.

An Elliott wave triangle and a classic symmetrical triangle are identified. Members are given trading advice and a most likely breakout direction, along with a possible target.

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GOLD Elliott Wave Technical Analysis – 27th November, 2017

Gold remains within a consolidation.

On Balance Volume is at this stage constrained now by resistance and support lines, with five tests of each line. A breakout by On Balance Volume would be a strong signal here.

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SILVER Elliott Wave Technical Analysis – 22nd November, 2017

Last analysis expected a triangle was either complete, or that it may complete very soon. The triangle is continuing sideways, and the trend lines are adjusted this week.

This week’s Silver analysis now neatly agrees with the current Gold analysis.

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GOLD Elliott Wave Technical Analysis – 21st November, 2017

A little upwards movement fits the second Elliott wave count again quite nicely. This preferred wave count expects some more sideways movement, and then a breakout from the range Gold has been contained in now for some weeks.

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