Tag Archives: gold technical analysis chart

GOLD Elliott Wave Technical Analysis – 8th December, 2017

Sideways movement during Friday’s session has reacted exactly off the upper edge of the channel given on the hourly Elliott wave chart.

A new short term target is now calculated for this downwards movement to end and a bounce to begin.

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GOLD Elliott Wave Technical Analysis – 1st December, 2017

A final upwards swing was expected by the strongly preferred Elliott wave count. This is again exactly what has happened.

An Elliott wave triangle and a classic symmetrical triangle are identified. Members are given trading advice and a most likely breakout direction, along with a possible target.

Continue reading GOLD Elliott Wave Technical Analysis – 1st December, 2017