GOLD Elliott Wave Technical Analysis – 3rd July, 2017

A downwards breakout was expected for Monday or Tuesday. A new low reasonably below 1,237.06 was the price point which provided confirmation. This happened quickly on Monday. Summary: Members who entered short when price moved below 1,237.06 should now consider taking...

GOLD Elliott Wave Technical Analysis – 2nd May, 2017

Price moved slightly lower, which was not what the main wave count expected, but it was allowed for. No confirmation of a trend change has yet been seen. Summary: The upwards trend should resume here or very soon. Confidence may be had in this expectation if price...