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GOLD Elliott Wave Technical Analysis – 14th May, 2018

The hourly chart in last analysis expected a pullback for the short term, which is currently unfolding. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new high above 1,333.84. For the short...

GOLD Elliott Wave Technical Analysis – 11th May, 2018

Upwards movement continues overall as the main Elliott wave count expects. Both the main and alternate Elliott wave counts remain valid. Summary: The target is now at 1,431. Further and substantial confidence in an upwards trend may be had now if price makes a new...

GOLD Elliott Wave Technical Analysis – 7th May, 2018

Price continues to move higher as the main Elliott wave count expects. The weakness of upwards movement during the last four days has prompted me to produce an alternate, even though price has been moving in the expected direction. Summary: A low may still be in...