Tag Archives: elliott wave lara gold

GOLD Elliott Wave Technical Analysis – 5th August, 2016

A correction was expected to end about 1,347 – 1,346. A lower target was considered at 1,333.

Price moved well below the preferred higher target.

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GOLD Elliott Wave Technical Analysis – 26th July, 2016

Upwards movement was expected.

A new high above 1,323.56 adds some confidence to the main Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 22nd July, 2016

In the short term, a small correction to about 1,325 was expected.

Price moved lower, reaching 1,320.

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GOLD Elliott Wave Technical Analysis – 7th June, 2016

The Elliott wave counts are swapped over today.

The long term target remains the same for the new main Elliott wave count. The short term target is changed.

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GOLD Elliott Wave Technical Analysis – 3rd June, 2016

Strong upwards movement was unexpected, but it has taken price up to one of the two possible targets for a multi day correction to end.

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GOLD Elliott Wave Technical Analysis – 10th May, 2016

Upwards movement was expected for Tuesday’s session. Price moved sideways to complete a small green doji.

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GOLD Elliott Wave Technical Analysis – 20th April, 2016

Downwards movement was expected from the main Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 30th March, 2016

Price made a slight new high and then turned lower.

Upwards movement was expected.

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GOLD Elliott Wave Technical Analysis – 7th March, 2016

Sideways movement was expected.

Price has moved sideways for an inside day.

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GOLD Elliott Wave Technical Analysis – 3rd March, 2016

One final wave down was expected to finish the correction, but this did not happen.

A new high above 1,248.44 confirmed the correction was over and price was breaking out upwards.

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GOLD Elliott Wave Technical Analysis – 8th February, 2016

A small correction unfolded more quickly than expected.

This was followed by upwards movement.

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