Tag Archives: elliottwave analysis

GOLD Elliott Wave Technical Analysis – 18th December, 2017

Price continues higher towards the target for this upwards movement to end.

Two hourly charts are provided today. They both expect the same direction next, only the Elliott wave structures are different, and both have the same target.

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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 – 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 – 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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