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GOLD Elliott Wave Technical Analysis – 8th July, 2016

The main hourly Elliott wave count was invalidated and the alternate confirmed. Thereafter, price moved lower towards the target then turned upwards as expected for that wave count. Summary: The trend is up. Corrections present an opportunity to join the trend. Expect...

SILVER Elliott Wave Technical Analysis – 7th July, 2016

The target for a small correction to arrive was 19.384. Price moved 1.678 above the target before printing a red daily candlestick. Summary: A short term target at 21.255 – 21.244 may be met in a few days time. If price exhibits any divergence with RSI at the...