GOLD Elliott Wave Technical Analysis – 7th August, 2014

Upwards movement continued as expected. The Elliott wave count remains the same. Summary: A small second wave correction may be about to begin, interrupting this upwards movement. It may reach down to about 1,294.73 and it may show on the daily chart as one or two red...

GOLD Elliott Wave Technical Analysis – 22nd May, 2014

The triangle may now be complete. A break below 1,277.57 would confirm this. Summary: Sideways movement may have just ended and price may be breaking out to the downside. Confirmation below 1,277.57 is required. The target is 1,189. This analysis is published about...

GOLD Elliott Wave Technical Analysis – 24th March, 2014

As expected upwards movement found resistance at the pink trend line on the daily chart. Downwards movement continues towards the target. We now have a clear breach of the pink channel on the daily chart providing final confirmation of a trend change at minor degree....