Tag Archives: elliottwave analysis

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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GOLD Elliott Wave Technical Analysis – 7th March, 2017

Two hourly Elliott wave counts were provided yesterday. The first hourly wave count is now looking more likely.

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SILVER Elliott Wave Technical Analysis – 2nd March, 2017

Last week expected a pullback for Silver.

Price moved higher for three days. Thereafter, it has turned down strongly.

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US OIL Elliott Wave Technical Analysis – 27th February, 2017

This consolidation has now lasted for about 12 weeks. The breakout should come soon now.

Volume and On Balance Volume are giving strong signals as to which direction the breakout is most likely to be. Members are offered some advice on how to approach this market this week.

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GOLD Elliott Wave Technical Analysis – 27th February, 2017

More upwards movement continued to start the new week as the main Elliott wave count expected.

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