GOLD Elliott Wave Technical Analysis – 19th May, 2017

Last analysis expected it was most likely that price would move sideways and slowly higher. An inside day closing green fits this description exactly. Summary: It looks like next week price may continue sideways or slowly higher towards a target about 1,276 (which may...

GOLD Elliott Wave Technical Analysis – 16th May, 2017

A new high above 1,236.88 indicated more upwards movement towards a target about 1,245. Price continued only slightly higher so far to reach 1,238.88. Summary: Allow for price to continue higher towards 1,245 while it remains within the channels on the hourly charts....