Tag Archives: gold price forecast 2015

GOLD Elliott Wave Technical Analysis – 8th December, 2015

A correction was expected to continue. A small inside day fits this expectation.

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GOLD Elliott Wave Technical Analysis – 18th November, 2015

Yesterday’s alternate hourly Elliott wave count was confirmed with a slight new low. Thereafter, price is behaving as expected.

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GOLD Elliott Wave Technical Analysis – 2nd November, 2015

Upwards movement was expected, but this is not what happened. Price moved lower.

However, there was no breach of the small channel on the hourly chart, so no confirmation of a trend change.

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GOLD Elliott Wave Technical Analysis – 15th October, 2015

More upwards movement was expected and price made a new high.

All the Elliott wave counts remain mostly the same and expect exactly the same direction next.

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GOLD Elliott Wave Technical Analysis – 11th September, 2015

Both Elliott wave counts expected more downwards movement for Friday, which is what happened.

Now is when the bull and bear wave counts diverge, and next week price may provide clarity.

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GOLD Elliott Wave Technical Analysis – 9th September, 2015

Downwards movement unfolded as expected for both Elliott wave counts.

Confirmation that a small correction was over came with a break below the short trend line on the hourly chart, and final confirmation with a new low below 1,116.02.

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GOLD Elliott Wave Technical Analysis – 19th August, 2015

Upwards movement was expected. The first target was reached.

Today’s Elliott wave analysis will focus on: identifying if this structure is complete, and looking at what price point would provide first confirmation.

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GOLD Elliott Wave Technical Analysis – 10th August, 2015

A downwards breakout was expected for Monday, but did not happen.

Upwards movement invalidated the main Elliott wave count and confirmed the alternate Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 31st July, 2015

Upwards movement was unexpected.

I have two hourly Elliott wave counts for you today.

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