GOLD Elliott Wave Technical Analysis – 26th September, 2014

Upwards movement was expected for the first hourly chart, sideways movement was expected for the second, and there are still three possible Elliott wave structures which may be unfolding. Summary: This correction is incomplete and may either move higher to 1,251...

GOLD Elliott Wave Technical Analysis – 23rd July, 2014

Again, more sideways movement is not enough to provide us with clarity. The main Elliott wave count still has about a 60% probability. Summary: Upwards movement towards 1,350 is most likely. This would be confirmed with a break above 1,324.73. A break below 1,292.25...

GOLD Elliott Wave Technical Analysis – 9th July, 2014

Despite all four hourly wave counts from yesterday’s analysis being invalidated with movement above 1,324.86 I am still confident that the main wave count at the daily chart level is correct. I am still confident that minor wave B is incomplete. It is just the...