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GOLD Elliott Wave Technical Analysis – 8th April, 2014

Upwards movement reached 1,314.48, just 1.48 above the short term target of 1,313 for the main hourly wave count. Summary: The structure of this upwards movement is clearer: it is an unfolding zigzag. This expects overall a clearer upwards trend. This should continue...

GOLD Elliott Wave Technical Analysis – 4th April, 2014

Upwards movement was expected. I still have two hourly wave counts for you. They both expect that this trend is incomplete. Summary: The short term trend remains up. It should either continue for another week and a half (slightly more likely) or it may be very choppy...

GOLD Elliott Wave Technical Analysis – 3rd April, 2014

Downwards movement in a small range remains above the invalidation point. The hourly wave counts remain the same but now have a more even probability. Summary: We may either see the continuation of a new upwards trend for about two weeks, or we may see very choppy...