A new high above 1,287.61 switched the analysis to bullish. At that time, two wave counts had a target about 1,308. This target has been exceeded so far up to 1,325.56.
Continue reading GOLD Elliott Wave Technical Analysis – 8th January, 2018
Tag Archives: gold elliott wave analysis today
GOLD Elliott Wave Technical Analysis – 28th November, 2017
More sideways movement is overall expected for this week.
Price is behaving as expected, and the breakout is still expected to be in the same direction.
Continue reading GOLD Elliott Wave Technical Analysis – 28th November, 2017
GOLD Elliott Wave Technical Analysis – 27th October, 2017
Price has remained above 1,260.72 and so far has bounced up a little. Price remains within the channel on the hourly charts, so no trend change is yet indicated.
Continue reading GOLD Elliott Wave Technical Analysis – 27th October, 2017
GOLD Elliott Wave Technical Analysis – 12th October, 2017
Last Elliott wave analysis advised to assume the trend remains the same until proven otherwise. More upwards movement continues the trend, but it is now weakening.
Continue reading GOLD Elliott Wave Technical Analysis – 12th October, 2017
GOLD Elliott Wave Technical Analysis – 22nd September, 2017
A small bounce continued as the hourly Elliott wave counts expected. Price remains within the channels.
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GOLD Elliott Wave Technical Analysis – 1st September, 2017
Trading advice given in last analysis favoured the bullish scenario. Members who opened a hedge or long positions should have profits.
Continue reading GOLD Elliott Wave Technical Analysis – 1st September, 2017
GOLD Elliott Wave Technical Analysis – 29th August, 2017
Price has reacted strongly downwards after moving slightly higher to perfectly touch the long term bear market trend line, which was expected. A red daily candlestick was printed as expected.
Continue reading GOLD Elliott Wave Technical Analysis – 29th August, 2017
GOLD Elliott Wave Technical Analysis – 24th August, 2017
Another small range inside day suggests a small Pennant may be forming. A new Elliott wave count sees a possible triangle completing.
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GOLD Elliott Wave Technical Analysis – 18th August, 2017
Another upwards day was expected by both Elliott wave counts.
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GOLD Elliott Wave Technical Analysis – 17th July, 2017
The bounce has continued as the alternate hourly Elliott wave count expected.
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GOLD Elliott Wave Technical Analysis – 12th June, 2017
A slight new low followed by some sideways movement fits mostly with expectations for the hourly Elliott wave count.
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GOLD Elliott Wave Technical Analysis – 7th June, 2017
It is time to step back and take another look at the bigger picture as cycle wave b becomes a little clearer.
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GOLD Elliott Wave Technical Analysis – 29th May, 2017
A small range inside day saw price move slowly sideways.
Continue reading GOLD Elliott Wave Technical Analysis – 29th May, 2017