Tag Archives: long term gold technical analysis elliot

GOLD Elliott Wave Technical Analysis – 1st September, 2015

Today’s Elliott wave analysis will answer the question of whether or not the correction is over, and also what to look out for with regards to confirmation.

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GOLD Elliott Wave Technical Analysis – 21st August, 2015

Upwards movement to a short term target for Friday was expected. The target at 1,164 – 1,168 was met and slightly exceeded by 0.41.

I have a new wave count. Volume analysis favours it, and some problems with the prior Elliott wave count are resolved.

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GOLD Elliott Wave Technical Analysis – 12th August, 2015

The main wave count was invalidated with a new high above 1,119.56.

The alternate was confirmed, which expected more upwards movement.

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GOLD Elliott Wave Technical Analysis – 24th July, 2015

Price began the session with downwards movement, which was expected, but the upwards move to end the session is much deeper than expected.

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GOLD Elliott Wave Technical Analysis – 15th July, 2015

Downwards movement was expected.

The Elliott wave count remains the same, supported again by technical analysis indicators.

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GOLD Elliott Wave Technical Analysis – 25th June, 2015

A channel breach on the hourly bull Elliott wave count indicated a small correction may have arrived.

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GOLD Elliott Wave Technical Analysis – 16th June, 2015

Downwards movement fits the bear Elliott wave count best.

I have a new bull hourly Elliott wave count today.

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GOLD Elliott Wave Technical Analysis – 8th May, 2015 – Update

I have a new bull Elliott wave count which resolves some of the problems with the prior bullish Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 16th April, 2015

All four Elliott wave counts remain valid. The most recent movement has a better fit in terms of structure for Elliott wave count 4.

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GOLD Elliott Wave Technical Analysis – 7th April, 2015

Downwards movement was confirmed quickly with a channel breach of the hourly chart. Thereafter, a red candlestick was expected for Tuesday’s session.

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GOLD Elliott Wave Technical Analysis – 17th March, 2015

Downwards movement was expected for one to three days towards the target. Upwards movement is finding resistance about the upper edge of the channel, with a strong overshoot.

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