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GOLD Elliott Wave Technical Analysis – 25th February, 2014

Again upwards movement was not expected, although it was allowed for and has not invalidated the wave count. I had expected a B wave to begin or be very close to beginning. It is not here yet. The wave count is changed. Summary: The structure within minor wave A most...

GOLD Elliott Wave Technical Analysis – 24th February, 2014

Upwards movement invalidated the hourly wave count. Although a new high within a B wave is possible this high is too soon within the B wave to fit the wave count. The wave count is changed. Summary: Minor wave A is just complete or very close to completion. The next...

GOLD Elliott Wave Technical Analysis – 19th February, 2014

Yesterday I expected to see downwards movement. Price has moved mostly sideways and a red candlestick has been produced on the daily chart which fits the wave count perfectly. This analysis is published about 02:45 p.m. EST. The wave count remains the same. Summary: I...

GOLD Elliott Wave Technical Analysis – 17th February, 2014

Upwards movement continued to reach 1,329.95, just 5 cents below the target at 1,330. I have two hourly wave counts for you today. This analysis is published about 03:35 p.m. EST. The wave count remains the same. Summary: It is likely that upwards movement is over in...

GOLD Elliott Wave Technical Analysis – 14th February, 2014

Upwards movement continued as expected. The target remains the same. The wave count remains the same. Summary: I expect overall more upwards movement towards the target at 1,330. It may not take another five days; minute wave c may not exhibit a Fibonacci time...