Tag Archives: elliottwave analysis

GOLD Elliott Wave Technical Analysis – 11th April, 2017

A classic upwards breakout has unfolded as expected. In last analysis members were advised to enter a hedge or just enter long. With stops for long positions just below 1,240.24 or 1,221 (depending on trading strategy), members should now have profitable long positions. Short hedges, if entered, should have been automatically closed just above 1,269.72.

Trading advice for profit taking and managing long positions is given today.

It is time to step back and look at the bigger picture. Today’s analysis updates monthly and weekly charts.

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SILVER Elliott Wave Technical Analysis – 5th April, 2017

A pullback was expected for Silver. Price continued higher with a small sideways movement during the week.

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US OIL Elliott Wave Technical Analysis – 4th April, 2017

Price has moved higher over the last few days.

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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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