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GOLD Elliott Wave Technical Analysis – 19th March, 2014

Downwards movement was expected for both the main and alternate wave counts. I had expected a little more upwards movement to 1,366 first, but this target was not reached. Summary: The main wave count has increased in probability. If the next candlestick remains below...

GOLD Elliott Wave Technical Analysis – 18th March, 2014

Downwards movement was expected for the main wave count. I have a new alternate wave count for you. Summary: I expect a little upwards movement to 1,366 to complete a correction. This should be followed by more downwards movement. We need to see a clear breach of the...

GOLD Elliott Wave Technical Analysis – 14th March, 2014

Upwards movement continued as expected. The target of 1,387 to 1,390 has been met at 1,388.10. I have a main and an alternate hourly wave count for you today. Summary: Upwards movement may be over for now. This trend change requires confirmation. We need to see a...