Select Page

GOLD Elliott Wave Technical Analysis – 12th May, 2017

Upwards movement has continued as expected. With some structure now to analyse, targets can be calculated. Summary: A bounce has begun. It looks like a counter trend movement. Be diligent with risk management if trading this movement upwards. The target for Monday /...

GOLD Elliott Wave Technical Analysis – 5th May, 2017

A little sideways movement followed by another wave down was expected in last analysis. This is what has happened. Summary: The new target for Monday is 1,214. If this is wrong, it may be too low because price is at strong support and On Balance Volume is at support...