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GOLD Elliott Wave Technical Analysis – 10th January, 2014

The main hourly wave count for last analysis had a higher probability than the alternate and expected more upwards movement. This is what happened, and price movement above 1,231.64 invalidated the alternate providing further confidence in the main wave count. As more...

GOLD Elliott Wave Technical Analysis – 8th January, 2014

The main and first alternate hourly wave counts yesterday expected more downwards movement which is what we have seen. The second alternate now looks extremely unlikely and will be discarded. At this stage the two remaining wave counts expect the same direction next....