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US Oil Elliott Wave Technical Analysis – 12th March, 2013

Last analysis dated 5th March, 2013, expected to see oil move higher for the week which is exactly what it has done. Now that there is some structure to analyse for this upwards movement I can calculate targets for it to end. I still have just the one daily and one...

Gold Elliott Wave Technical Analysis – 6th March, 2013

Last week’s analysis expected to see further downwards movement for gold, before a second wave correction. Price moved lower before beginning some sideways movement. This is pretty much what was expected. The wave count remains the same. I can now calculate...

US Oil Elliott Wave Technical Analysis – 5th March, 2013

Last week’s analysis of oil expected further downwards movement for the week. The lower target for the week was 89.70. The invalidation point on the 2 hourly chart was at 95.21. Price did move lower to reach 0.35 below the target and the low for the week was...

Gold Elliott Wave Analysis – 27th February, 2013

Last week’s analysis of gold expected price to fall for the week. A new low was made and then price moved higher, remaining below the invalidation point on the daily chart. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend...