GOLD Elliott Wave Technical Analysis – 19th November, 2013

Yesterday’s analysis expected more downwards movement to a short term target at 1,264 to be followed by upwards movement for a second wave correction. Price did move a little lower but only reached down to 1,269.27. Sideways movement over the last several hours...

GOLD Elliott Wave Technical Analysis – 28th October, 2013

Last analysis had a main wave count which was preferred, and expected more upwards movement. Price has moved higher. I have only one wave count for you now; the alternate was invalidated. Click on the charts below to enlarge. Gold has completed its downwards wave and...

GOLD Elliott Wave Technical Analysis – 18th September, 2013

Yesterday’s alternate wave count was confirmed with movement above 1,324.09. At that stage the wave count expected more upwards movement towards a most likely target at 1,338.16. Price moved substantially higher than the target, but remains below the...