GOLD Elliott Wave Technical Analysis – 24th June, 2014

Yesterday’s Elliott wave analysis expected a small triangle to end and be followed by a sharp upwards thrust. This is what happened, but the target at 1,330 has not yet been met. Summary: It is most likely upwards movement is over for the next two or three...

GOLD Elliott Wave Technical Analysis – 9th June, 2014

Another sideways session and another small red doji candlestick still fits the wave count. However, with sideways movement lasting over two days now I am again considering an alternate idea published previously. It makes no difference to overall direction at the daily...

GOLD Elliott Wave Technical Analysis – 23rd December, 2013

Last analysis expected a little more upwards movement towards a short term target at 1,210 before price turned lower. This is not what happened. Last analysis stated that if Monday produced a red candlestick that the current fourth wave correction would be unlikely to...

GOLD Elliott Wave Technical Analysis – 12th November, 2013

Last analysis expected more sideways and slightly higher movement before one more downwards wave. Price did not move higher, it moved sideways, and was followed by another wave downwards. The target at 1,271 was comfortably exceeded. I have a new alternate wave count...