Tag Archives: elliott wave counts gold

GOLD Elliott Wave Technical Analysis – 13th December, 2017

Last analysis called for a low to be in place and for members with short positions to take profits (if opened below a certain point). With upwards movement now unfolding, that advice would have seen Elliott Wave Gold members take some very good profits today.

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GOLD Elliott Wave Technical Analysis – 12th December, 2017

The short term target was about 1,236. Downwards movement continued for the session as expected to reach 1,236.54.

Members are today offered very specific trading advice on how to manage existing short positions and on how to join the trend.

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GOLD Elliott Wave Technical Analysis – 11th December, 2017

Downwards movement continues exactly as expected towards the Elliott wave target, and price remains below the short term invalidation point on the hourly chart.

The channel on the hourly chart is redrawn, and it should be used to indicate when this downwards wave is complete.

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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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GOLD Elliott Wave Technical Analysis – 20th October, 2017

Last analysis expected long positions to be held for those with a longer time frame, and stops to be pulled up to just below 1,260.70. The target remains the same, and long positions should now have much less exposure to risk.

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GOLD Elliott Wave Technical Analysis – 19th October, 2017

In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable.

Advice is given today on how to manage positions with targets and any adjustment of stops.

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