Tag Archives: elliott wave analysis 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 – 4th December, 2017

Downwards movement was expected as fairly likely for Monday’s session. An inside day is complete; price has mostly moved sideways. This changes the short term picture.

The classic triangle pattern is identified; a breakout may come about 73% to 75% of the triangle length (this is calculated today). Members are advised on when we may see a breakout.

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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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