Tag Archives: elliott wave daily

SILVER Elliott Wave Technical Analysis – 30th March, 2017

Last week expected a pullback to begin for Silver either at the high for the 23rd of March, or very soon. This is not what has happened. Price has continued to move higher.

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US OIL Elliott Wave Technical Analysis – 28th March, 2017

Price is now moving sideways again. Some strategies for traders are outlined today.

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GOLD Elliott Wave Technical Analysis – 27th March, 2017

Downwards movement was expected to start the new trading week, but this is not what happened.

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GOLD Elliott Wave Technical Analysis – 24th March, 2017

Downwards movement for a pullback was expected for Friday’s session. A lower low and a lower high is the definition of downwards movement, and this is what was seen for Friday.

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SILVER Elliott Wave Technical Analysis – 23rd March, 2017

Last week expected a pullback to begin for Silver. Price has edged up slowly all week.

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US OIL Elliott Wave Technical Analysis – 22nd March, 2017

A small correction unfolded over the last week as expected.

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GOLD Elliott Wave Technical Analysis – 20th March, 2017

Sideways movement was again expected for Monday’s session. Price moved slowly higher in a small range, mostly fitting expectations.

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SILVER Elliott Wave Technical Analysis – 16th March, 2017

Last analysis expected a deep pullback was close to complete (the target was at 16.666). Price moved slightly lower to reach 16.831, 0.165 above the target, before turning.

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US OIL Elliott Wave Technical Analysis – 13th March, 2017

Last weekly analysis expected a violent downwards breakout as likely. This is exactly what happened.

Alternate wave counts are now invalidated.

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GOLD Elliott Wave Technical Analysis – 10th March, 2017

Price moved into the target zone, which was 1,197 to 1,192, and then turned upwards to print a green daily candlestick.

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SILVER Elliott Wave Technical Analysis – 9th March, 2017

Silver has continued lower over the last few days as expected from last week’s analysis. The target remains the same.

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GOLD Elliott Wave Technical Analysis – 8th March, 2017

Price continued lower as the two preferred hourly wave counts expected.

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US OIL Elliott Wave Technical Analysis – 7th March, 2017

The classic technical analysis picture has changed this week for US Oil. On Balance Volume is now giving a strong signal as to which direction price may break out.

Price has been consolidating now for about twelve weeks. There will be a breakout and it may come soon.

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