Tag Archives: 2017 elliot wave counts

GOLD Elliott Wave Technical Analysis – 29th August, 2017

Price has reacted strongly downwards after moving slightly higher to perfectly touch the long term bear market trend line, which was expected. A red daily candlestick was printed as expected.

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GOLD Elliott Wave Technical Analysis – 23rd May, 2017

Sideways or slowly higher movement was expected. Tuesday has completed an outside day and Gold appears to be developing a small trading range with resistance about 1,265 and support about 1,245.

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GOLD Elliott Wave Technical Analysis – 13th April, 2017

Upwards movement continues and price has remained within the upper half of the channel on the hourly chart, which was expected at this stage.

Trading advice is given to members to manage long positions towards the end of this week.

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