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We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
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  • GOLD Faces Resistance: Elliott Wave Forecast 0 comments
    Mar 18, 2014 5:31 AM | about stocks: GOLD

    GOLD prices are reversing nicely to the downside after recent move up to 1380-1400 Fibonacci resistance area where we see a completed wave v). An reversal from the high is looking sharp so we suspect it's part of minimum three wave decline. With that said, we expect a continuation down to 1330/1337 area in this week.

    GOLD 4h Elliott Wave Analysis

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    Stocks: GOLD
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