GOLD Elliott Wave Technical Analysis – 16th December, 2013

Both the main and alternate hourly wave counts expected more upwards movement for Monday. The target for the main wave count was 1,251. So far it has been exceeded by 1.32. Both wave counts remain the same and both remain valid. Click on the charts below to enlarge....

GOLD Elliott Wave Technical Analysis – 24th October, 2013

Yesterday’s analysis expected downwards movement for a correction. This is not what happened as price has moved higher. The correction is still valid if it is a flat. I have three hourly wave counts (one main and two alternates) for you after considering as many...

GOLD Elliott Wave Technical Analysis – 9th September, 2013

Last analysis expected upwards movement, which would have been confirmed with a trend channel breach on the hourly chart. Price has moved sideways, and remains firmly within the channel. The wave counts remain the same. Click on the charts below to enlarge. Main Wave...