Tag Archives: lara gold elliott wave

GOLD Elliott Wave Technical Analysis – 18th August, 2015

Upwards movement was expected for Tuesday.

Although price moved sideways to complete a small green doji, downwards movement during the session moved below the invalidation point on the hourly chart.

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GOLD Elliott Wave Technical Analysis – 30th July, 2015

Yesterday’s Elliott wave analysis was confident for several technical analysis reasons that a downwards breakout should happen, and it did.

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GOLD Elliott Wave Technical Analysis – 10th July, 2015

Downwards movement was expected for Friday. The session did begin with some downwards movement, but price turned higher to complete a green candlestick for Friday which was not what was expected.

Price remains below the invalidation point on the hourly Elliott wave chart and is again finding resistance perfectly at the trend line on the daily chart.

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GOLD Elliott Wave Technical Analysis – 1st July, 2015

Price has moved slowly lower on slightly lower volume.

This downwards movement looks corrective and fits both bull and bear Elliott wave counts.

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GOLD Elliott Wave Technical Analysis – 3rd June, 2015

Upwards movement was expected for the bull and main bear Elliott wave counts, but downwards movement breached their invalidation points. The alternate bear Elliott wave count is now taken more seriously.

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GOLD Elliott Wave Technical Analysis – 13th April, 2015

The short term target at 1,215 was not met. Price has moved lower, and a second wave correction was expected to find support at the lower edge of the blue channel.

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GOLD Elliott Wave Technical Analysis – 1st April, 2015

A strong upwards movement fits one of the three hourly Elliott wave counts from yesterday. The next 24 hours should tell us which Elliott wave count is correct.

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