GOLD Elliott Wave Technical Analysis – 27th November, 2017

Gold remains within a consolidation. On Balance Volume is at this stage constrained now by resistance and support lines, with five tests of each line. A breakout by On Balance Volume would be a strong signal here. Summary: Members please note: the second wave count is...

GOLD Elliott Wave Technical Analysis – 19th July, 2017

An inside day completes a doji, as seen on the daily Elliott Wave and Technical Analysis charts. Summary: The target is now at 1,260. Classic technical analysis still offers more support for the main wave count than the alternate. Always use a stop. Invest only 1-5%...

GOLD Elliott Wave Technical Analysis – 29th June, 2017

Gold remains within the consolidation zone after another day of essentially sideways movement, which was expected. Summary: A downwards breakout from this consolidation may now come within the next 24 hours. A new low now below 1,240.17 would indicate price may be...