Tag Archives: gold elliott wave count

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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GOLD Elliott Wave Technical Analysis – 19th October, 2017

In last analysis, after the close of the New York session for the 18th of October, Elliott Wave Gold members were advised to enter long with stops just below 1,260.72. Those long positions should now be profitable.

Advice is given today on how to manage positions with targets and any adjustment of stops.

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GOLD Elliott Wave Technical Analysis – 29th August, 2017

Price has reacted strongly downwards after moving slightly higher to perfectly touch the long term bear market trend line, which was expected. A red daily candlestick was printed as expected.

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GOLD Elliott Wave Technical Analysis – 31st July, 2017

Overall, more upwards movement was expected; a slight new high fits the main Elliott wave count.

Downwards movement during Monday’s session remained above the short term invalidation point on the hourly chart.

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