GOLD Elliott Wave Technical Analysis – 9th October, 2013

Last analysis expected downwards movement as most likely, which is exactly what happened. The trend channel and confirmation price point at 1,308.68 on the hourly chart were breached. Click on the charts below to enlarge. This is the main wave count with the highest...

GOLD Elliott Wave Technical Analysis – 1st October, 2013

Last analysis expected upwards momentum to increase. We have seen exactly the opposite of that expectation. Movement below 1,291.84 invalidated the main wave count and confirmed the alternate. In addition to the alternate I have a new wave count for you today, which...