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GOLD Elliott Wave Technical Analysis – 13th March, 2014

by Lara | Mar 13, 2014 | Gold | 2 comments

The short term target at 1,381 has not yet been met, but price has moved higher as expected. Summary: The trend is up. The target for it to end is now calculated at two degrees and so widens to a small zone at 1,387 to 1,390. This target may be met in two days. This...

GOLD Elliott Wave Technical Analysis – 27th February, 2014

by Lara | Feb 27, 2014 | Gold | 5 comments

Yesterday’s analysis expected overall downwards movement. A small second wave correction on the main hourly chart was assumed to be incomplete, and price moved higher to complete this. Price thereafter turned lower to create a small red candlestick for the day....

GOLD Elliott Wave Technical Analysis – 29th January, 2014

by Lara | Jan 29, 2014 | Gold | 1 comment

Yesterday’s analysis expected more downwards movement which is not what happened. Movement above 1,261.92 invalidated the hourly wave counts. Summary: The hourly wave count which expects more downwards movement for a few days still has the highest probability of...
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