Sideways movement continues but downwards movement was expected.

The session did close with a red daily candlestick, but a new low was not made.

Continue reading GOLD Elliott Wave Technical Analysis – 16th November, 2016 →

Upwards movement invalidated the Elliott wave triangle leaving only a combination possible for the correction. With only one hourly Elliott wave count left, the structure is now clearer.

Continue reading GOLD Elliott Wave Technical Analysis – 18th October, 2016 →

Downwards movement was expected for Monday, but this is not what happened.

Price moved mostly sideways, and a small inside day closed green.

Continue reading GOLD Elliott Wave Technical Analysis – 17th October, 2016 →

I have three Elliott wave counts for you today.

Elliott wave is fractal, so the key to seeing what is most likely to happen next is how to fit the current wave count into the bigger picture.

Continue reading GOLD Elliott Wave Technical Analysis – 5th October, 2016 →

Downwards movement unfolded exactly as expected.

Continue reading GOLD Elliott Wave Technical Analysis – 24th August, 2016 →

A correction was expected to end at a target zone given at 1,337 – 1,339. Price moved lower to reach 1,338.21 and turned there to continue upwards, exactly as expected.

Continue reading GOLD Elliott Wave Technical Analysis – 5th July, 2016 →

Targets for downwards movement were 1,271 and 1,244. Downwards / corrective movement continues as expected.

Continue reading GOLD Elliott Wave Technical Analysis – 21st June, 2016 →