Tag Archives: elliot wave gold chart forecast

GOLD Elliott Wave Technical Analysis – 17th February, 2017

Price moved higher for Friday’s session, which was not expected but was allowed for. Price remains below the invalidation point on the main hourly Elliott wave count.

This week volume and ATR are giving some clues as to what the upwards movement for the last three days most likely means.

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GOLD Elliott Wave Technical Analysis – 16th January, 2017

Upwards movement invalidated the main hourly Elliott wave count and confirmed the alternate. The target is now adjusted.

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GOLD Elliott Wave Technical Analysis – 13th October, 2016

More sideways movement has unfolded exactly as expected.

The breakout is still expected in another one or four days.

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GOLD Elliott Wave Technical Analysis – 17th June, 2016

Last analysis expected a correction to continue. Upwards movement remains below the high and is choppy and overlapping, although it was substantial.

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GOLD Elliott Wave Technical Analysis – 12th February, 2016

Downwards movement was expected for Friday’s session.

Price moved overall lower in a small inside day.

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GOLD Elliott Wave Technical Analysis – 4th November, 2015

Yesterday’s analysis expected downwards movement to be over at yesterday’s low or shortly thereafter.

Price has continued substantially lower.

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GOLD Elliott Wave Technical Analysis – 27th October, 2015

Downwards movement was expected, but price has moved mostly sideways to complete a small green candlestick.

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GOLD Elliott Wave Technical Analysis – 10th September, 2015

Yesterday two scenarios were presented on the hourly charts for the short term. The second less likely scenario has played out.

Both Elliott wave counts expect the same direction next.

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GOLD Elliott Wave Technical Analysis – 31st August, 2015

A small correction is unfolding sideways.

The correction was expected to end Monday about 1,148 – 1,150, but it is not unfolding exactly as expected.

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GOLD Elliott Wave Technical Analysis – 20th August, 2015

Last analysis expected upwards movement to continue, which it has, but the target at 1,141 was inadequate.

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