Tag Archives: financial outlook 2015

GOLD Elliott Wave Technical Analysis – 6th January, 2016

The short term target for some more upwards movement at 1,091 was reached and passed so far by 3.9.

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GOLD Elliott Wave Technical Analysis – 5th January, 2016

A small inside day fits both hourly Elliott wave counts, which remain the same.

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GOLD Elliott Wave Technical Analysis – 16th December, 2015

An upwards day was expected.

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GOLD Elliott Wave Technical Analysis – 30th November, 2015

An upwards correction was expected to begin this week.

Monday is completing a green daily candlestick which fits the Elliott wave count perfectly.

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GOLD Elliott Wave Technical Analysis – 9th November, 2015

The third hourly Elliott wave count is confirmed by a green daily candlestick.

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GOLD Elliott Wave Technical Analysis – 22nd October, 2015

Again, upwards movement was expected but did not happen.

Price moved slightly lower to make a new low just 1.2 below the prior day’s low and complete a small red doji.

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GOLD Elliott Wave Technical Analysis – 12th October, 2015

Both Elliott wave counts had a short term target at 1,165 for a little upwards movement for Monday.

Price moved higher, reaching 1,169.15 before turning down for the session.

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GOLD Elliott Wave Technical Analysis – 6th October, 2015

Upwards movement was expected by the bull Elliott wave count overall, but the pathway there was not what was expected.

Price still has not invalidated or confirmed either Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 28th September, 2015

Both Elliott wave counts expected overall downwards movement to begin the new week.

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GOLD Elliott Wave Technical Analysis – 4th June, 2015

Yesterday’s analysis was unclear as to what direction to expect with three different Elliott wave counts with different expectations. A new low below 1,178.08 eliminated one Elliott wave count, now leaving only two which expect the same direction next.

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GOLD Elliott Wave Technical Analysis – 29th May, 2015

Upwards movement was expected. The main Elliott wave counts remain the same, and a new bearish alternate will be added to daily analysis.

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GOLD Elliott Wave Technical Analysis – 7th May, 2015

Lower highs and lower lows and volume continue to favour the bear Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 28th April, 2015

Upwards movement continued which fits the bullish alternate Elliott wave count. A new high above 1,210.88 indicated a third wave up may be underway.

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