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GOLD Elliott Wave Technical Analysis – 24th September, 2013

Yesterday’s analysis expected the completion of a small triangle to be followed by a sharp downwards thrust. The update for yesterday gave a target for this downwards thrust to end at 1,305. It ended at 1,305.90. We now have a clear channel breach on the hourly...

GOLD Elliott Wave Technical Analysis – 16th September, 2013

Last analysis expected a little upwards movement to a short term target at 1,338 before price turned and continued the new downwards trend. Price did move higher, falling 2.86 short of the target, before turning around to make a slightly new low. Click on the charts...

GOLD Elliott Wave Technical Analysis – 5th September, 2013

Downwards movement invalidated both hourly wave counts, which both had very close by invalidation points. I have spent more time today looking at structures on the monthly chart, at primary and cycle degree. I have a new alternate for you which sees recent upwards...