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US OIL Elliott Wave Technical Analysis – 6th August, 2013

Last week’s analysis expected downwards movement for the week, with a second wave correction to come. The first wave was already over and the second wave unfolded as a very deep zigzag, ending just below the invalidation point on the daily chart. The hourly...

GOLD Elliott Wave Technical Analysis – 31st July, 2013

Last week’s analysis expected upwards movement for the week from gold. Price moved sideways before a sharp spike lower. Price has now turned back upwards. Click on the charts below to enlarge. This daily chart focuses on the new downwards trend of primary wave...

AAPL Elliott Wave Technical Analysis – 30th July, 2013

Upwards movement over the last week does not fit with the wave count I was using. I have spent some time looking for alternates and I will change the wave count to better fit with the changing situation for AAPL. Click on the charts below to enlarge. On the weekly...

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...