Tag Archives: gold elliott wave count

GOLD Elliott Wave Technical Analysis – 9th January, 2017

Gold has had a trend change. How high this next wave goes and what structure it takes will indicate which Elliott wave count at the monthly chart level may be correct.

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GOLD Elliott Wave Technical Analysis – 21st December, 2016

A small inside day fits the preferred expectations for Gold, but all Elliott wave counts still remain valid. Targets remain the same.

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GOLD Elliott Wave Technical Analysis – 6th December, 2016

Price has moved sideways to complete a very small inside day. The analysis is essentially unchanged.

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GOLD Elliott Wave Technical Analysis – 23rd November, 2016

The main Elliott wave count was invalidated with a new low below 1,204.05, and the target at 1,203 was inadequate for the alternate Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 15th November, 2016

Yesterday’s Elliott wave and classic technical analysis expected some sideways / upwards movement for Thursday, which is exactly what happened.

Price has found resistance right at the trend line on the daily chart.

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GOLD Elliott Wave Technical Analysis – 1st November, 2016

The main Elliott wave count expected downwards movement and the alternate expected upwards movement.

A new high above 1,283.63 has favoured what was yesterday’s alternate wave count.

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GOLD Elliott Wave Technical Analysis – 7th October, 2016

More downwards movement is very close now to the second target, which was at 1,240.

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GOLD Elliott Wave Technical Analysis – 23rd September, 2016

Upwards movement was expected for Friday.

Price moved sideways to complete a small inside day and a green candlestick.

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GOLD Elliott Wave Technical Analysis – 13th September, 2016

Upwards movement was expected for Tuesday’s session but did not happen.

Price moved lower but remains above the invalidation point.

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