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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...

SILVER Elliott Wave Technical Analysis – 4th October, 2013

Movement below 21.216 invalidated last week’s wave count. Minor wave B is continuing lower as a double zigzag. Click on the charts below to enlarge. A downwards zigzag is unfolding at primary wave degree. Within the zigzag intermediate wave (A) is complete....