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GOLD Elliott Wave Technical Analysis – 24th July, 2013

Last analysis expected choppy overlapping movement to 1,192.45 or below in the short to mid term. Overall the wave count expected further upwards movement for a fourth wave correction at intermediate degree. Price did not move lower, it moved higher. The most likely...

GOLD Elliott Wave Technical Analysis – 17th July, 2013

Last analysis expected a little more upwards movement from gold to one of two targets, 1,296 or 1,349, before a short term trend change. The trend change would be confirmed with movement below 1,267.60. Price did move a little higher to 1,300.93, $4.93 above the first...

US OIL Elliott Wave Technical Analysis – 16th July, 2013

Last week’s analysis expected more upwards movement to a short term target at 105.57 to 105.60. Price has reached up to 107.46, 1.86 above the small target zone, before turning lower and breaching the small parallel channel drawn on last week’s hourly...

AAPL Elliott Wave Technical Analysis – 15th July, 2013

Last analysis of AAPL expected more upwards movement towards a short term target at 431. Price has reached up to 431.46 but we do not yet have a trend channel breach on the hourly chart to confirm that the trend has changed back to the downside. Click on the charts...

GOLD Elliott Wave Technical Analysis – 10th July, 2013

Last week’s analysis of gold expected choppy, overlapping movement for the continuation of an intermediate degree fourth wave correction, which is pretty much what we have seen. It is too early to be certain of what structure is unfolding for intermediate wave...

US OIL Elliott Wave Technical Analysis – 9th July, 2013

Last week’s analysis published charts only. Last week I expected the structure for a third wave upwards was incomplete. The short term target on the hourly chart was 105.52. Price has reached up so far to 0.76 short of the target. Click on the charts below to...

AAPL Elliott Wave Technical Analysis – 8th July, 2013

Last analysis of AAPL expected some downwards movement followed by new highs, in choppy overlapping corrective movement. Price did not start with downwards movement as expected, it just moved higher. Click on the charts below to enlarge. This wave count expects a five...