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GOLD Elliott Wave Technical Analysis – 17th May, 2018

Downwards movement came very close to the target on the alternate hourly Elliott wave count. The main Elliott wave counts remain the same. Summary: The target is now 1,412. Bullish divergence between price and Stochastics still suggests a low is in place now. If price...

GOLD Elliott Wave Technical Analysis – 14th May, 2018

The hourly chart in last analysis expected a pullback for the short term, which is currently unfolding. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. For the short...

GOLD Elliott Wave Technical Analysis – 11th May, 2018

Upwards movement continues overall as the main Elliott wave count expects. Both the main and alternate Elliott wave counts remain valid. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new...

US OIL Elliott Wave Technical Analysis – 11th May, 2018

Upwards movement continues as the second Elliott wave count expected. Summary: Classic technical analysis remains overly bullish. There is an upwards trend in place. Pullbacks are an opportunity to join the trend. The mid term target is now at 97.92. A longer term...

GOLD Elliott Wave Technical Analysis – 10th May, 2018

A new high above 1,318.53 provides some confidence in the main Elliott wave count. The target remains the same. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. Always...