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US OIL Elliott Wave Technical Analysis – 13th May, 2014

Last analysis expected a resumption of the downwards trend which is what has happened. Summary: In the short term I expect a little upwards movement to the target at 102.14 to 102.61. This may last about five days. Thereafter, I expect more downwards movement towards...

GOLD Elliott Wave Technical Analysis – 12th May, 2014

End of week analysis expected to see one or two days overall of downwards movement towards a target at 1,267. Price did begin the new trading week with downwards movement, but only reaching to 1,277.57 in the first hour. Thereafter, upwards movement has breached the...

GOLD Elliott Wave Technical Analysis – 9th May, 2014

Last analysis expected to see more sideways movement before the downwards trend resumed. This is mostly what happened. When price breaks below 1,273.43 I will have full confidence in this wave count and the target. Summary: The target for downwards movement to end is...

GOLD Elliott Wave Technical Analysis – 1st May, 2014

I have expected Gold to remain range bound, but within that range to complete the structure with a little upwards movement. With price moving lower during Thursday’s session I want to consider another alternate idea. Summary: It is most likely that Gold will...