GOLD Elliott Wave Technical Analysis – 2nd December, 2013

Movement below 1,241.21 invalidated the main hourly wave count. Further movement below 1,225.4 confirmed the alternate daily wave count. At that stage the target for downwards movement was at 1,206. The main wave count is invalidated and I now expect more downwards...

GOLD Elliott Wave Technical Analysis – 7th October, 2013

Last analysis expected downwards movement. This is not what happened, and movement above 1,325.66 invalidated the hourly wave count. Click on the charts below to enlarge. It is most likely that primary wave 4 is not over and is unfolding as a large flat correction....