Category Archives: Gold

GOLD Elliott Wave Technical Analysis – 15th August, 2018

Again, downwards movement continues for both Gold and GDX as last analysis expected.

New targets are calculated for Gold and GDX. The long term target for GDX remains the same. Members are given some advice on how to manage short positions for GDX today.

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GOLD Elliott Wave Technical Analysis – 7th August, 2018

Another inside day completes a Shooting Star candlestick pattern. The implications of this pattern today are evaluated in context of recent price movement.

Members’ attention today is directed to the long term picture for GDX, which is significant for this market.

Continue reading GOLD Elliott Wave Technical Analysis – 7th August, 2018