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GOLD Elliott Wave Technical Analysis – 5th March, 2014

Price has moved very slightly higher in a mostly sideways day. Both wave counts remain valid and both remain the same. Summary: The situation is unclear. While price remains within the green channel on the daily chart we should assume that the trend remains the same,...

GOLD Elliott Wave Technical Analysis – 3rd March 2014

Movement above 1,333.02 invalidated the hourly wave count. Upwards movement was not expected for Monday’s session. The wave count is changed. Summary: Minor wave A is continuing higher. The target at 1,377 – 1,380 may be met within two days. This analysis...