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GOLD Elliott Wave Technical Analysis – 26th September, 2013

Yesterday’s analysis expected upwards movement from gold for Thursday’s session. A slight new high was made before price turned lower. Price remains above the invalidation point on the hourly chart. Click on the charts below to enlarge. There are still...

GOLD Elliott Wave Technical Analysis – 6th September, 2013

Last analysis expected a little downwards movement to a short term target at 1,357 before a trend change and upwards movement. Price moved lower to 1,359.25, just 2.25 short of the target, before turning around and moving strongly upwards. The main wave count remains...

GOLD Elliott Wave Technical Analysis – 4th September, 2013

Yesterday’s analysis expected more upwards movement for Wednesday from gold. This is not what happened. Although price moved lower it remains above the invalidation point on the hourly charts. Click on the charts below to enlarge. Main Wave Count. Primary wave C...