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GOLD Elliott Wave Technical Analysis – 14th July, 2017

by Lara | Jul 15, 2017 | Gold | 45 comments

For Friday a bounce was expected to continue to about 1,228 to 1,232. Price bounced exactly as expected to reach a high of 1,231.73. Summary: The bounce is over here, or it may be over on Monday with a very little more upwards movement. If price does move higher, it...

GOLD Elliott Wave Technical Analysis – 5th April, 2017

by Lara | Apr 6, 2017 | GDX, Gold | 17 comments

Upwards movement was expected. Price moved lower, but has rebounded strongly after the session closed. Downwards movement remained above the invalidation point on the hourly chart. Summary: Look out for strong upwards movement from both Gold and GDX, which may still...

GOLD Elliott Wave Technical Analysis – 7th February, 2017

by Lara | Feb 7, 2017 | Gold | 49 comments

A small range inside day fits both Elliott wave counts, but the situation is no clearer. Summary: If we expect the most common scenario to unfold, then we should be right more often than wrong. We will still be wrong sometimes, alternates are still possible, but this...

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