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US OIL Elliott Wave Technical Analysis – 28th January, 2014

Last analysis of US Oil on 17th December, 2013 expected more upwards movement towards a target at 103.21 to 104.42. Price moved higher as expected, but fell short of the target reaching only to 100.76. The wave count remains the same. Click on the charts below to...

GOLD Elliott Wave Technical Analysis – 15th January, 2014

Last analysis expected more downwards movement from both the main and alternate wave counts. This is what has happened. I am swapping over the main and alternate wave counts because the alternate has a better more typical fit. Although at this stage it makes no...

GOLD Elliott Wave Technical Analysis – 14th January, 2014

Last analysis expected one or two more days of upwards movement towards a target at 1,280. This is not what happened. Downwards movement has breached the parallel channel on the hourly chart, and invalidated the main wave count at the hourly chart level. The wave...