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21st November, 2013 – GOLD Elliott Wave Technical Analysis …

Yesterday’s analysis expected a third wave downwards to end about 1,234 to 1,236. The third wave has ended at 1,236.89.The wave count remains the same.Click on the charts below to enlarge.Gold is still within a large fourth wave correction at primary wave degree which is incomplete. It is now more likely to continue as a double combination because within it […]

US Oil Elliott Wave Technical Analysis – 19th November, 2013 …

Last analysis of US Oil expected more downwards movement towards a target at 87.82 to 88.72. Price has moved lower and the target has not been yet met, the structure is incomplete.Now there is more structure of this long downwards wave to analyse I am changing the wave count within it. Two fourth wave triangles indicate it is much closer […]

US Oil Elliott Wave Technical Analysis – 14th November, 2013 …

Last week’s analysis of US Oil expected more downwards movement towards a target at 88.83 to 87.82. Price has moved lower. The structure is incomplete and the target has not yet been reached. The wave count remains the same.Click on the charts below to enlarge.The bigger picture sees US Oil in a new downwards trend to last from one to […]