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GOLD Elliott Wave Technical Analysis – 12th November, 2013

Last analysis expected more sideways and slightly higher movement before one more downwards wave. Price did not move higher, it moved sideways, and was followed by another wave downwards. The target at 1,271 was comfortably exceeded. I have a new alternate wave count...

GOLD Elliott Wave Technical Analysis – 11th November, 2013

End of week analysis expected the new week to begin with sideways and a little upwards movement towards 1,293.62, before one more wave downwards. Price has moved sideways and slightly lower. This fourth wave correction may be completing a triangle or a flat, and the...

GOLD Elliott Wave Technical Analysis – 8th November, 2013

Thursday’s analysis expected sideways movement to end about 1,314.96, followed by strong downwards movement as a third wave began. Price moved sideways to reach 1,313.93 then turned downwards strongly. Downwards momentum has increased as expected. The wave count...