GOLD Elliott Wave Technical Analysis – 25th June, 2018

A small bounce was expected to continue the new trading week. An outside day remains above the last low, and the higher high fits expectations. Summary: The triangle wave count is now preferred. A small bounce up to about 1,279 may end within the next one or two days....

Best Fit Channels | 26th September, 2017

If an Elliott channel does not fit a movement, then a best fit channel has to be drawn. The best fit is a channel which contains most or all movement within a trend and is tested the greatest number of times. Example: Click chart to enlarge. A channel drawn about this...