Select Page

GOLD Elliott Wave Technical Analysis – 16th October, 2013

Last analysis expected more upwards movement for a correction. Price has made a new high in choppy, overlapping sideways movement, which is typically corrective. The wave count remains the same. Click on the charts below to enlarge. This is the main wave count with...

GOLD Elliott Wave Technical Analysis – 10th October, 2013

Yesterday’s analysis expected more downwards movement, with a second wave correction along the way. This is pretty much what has happened; price has stepped lower with corrections along the way. The short term target for last analysis was at 1,287. Price has...

GOLD Elliott Wave Technical Analysis – 9th October, 2013

Last analysis expected downwards movement as most likely, which is exactly what happened. The trend channel and confirmation price point at 1,308.68 on the hourly chart were breached. Click on the charts below to enlarge. This is the main wave count with the highest...