GOLD Elliott Wave Technical Analysis – 28th August, 2013

I am changing my wave count today at the daily chart level. The short to mid term outlook is unchanged, and the subdivisions on the hourly chart remain the same. Click on the charts below to enlarge. Primary wave C may be complete. Primary wave C is 28.96 short of...

GOLD Elliott Wave Technical Analysis – 27th August, 2013

Last analysis main wave count expected more upwards movement. The alternate was not confirmed with a red candlestick or any channel breach. Again I have two wave counts for you today. They differ only in the degree of labeling for most recent movement. The price point...

GOLD Elliott Wave Technical Analysis – 21st August, 2013

Last week’s analysis expected more upwards movement from gold towards a short term target at 1,431. Price did move higher but has fallen well short of the target. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of...