ew-forecast.com's  Instablog

ew-forecast.com
Send Message
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
My company:
ew-forecast
  • GOLD Elliott Wave Analysis: Corrective Rally In Progress  0 comments
    Apr 7, 2014 9:44 AM | about stocks: GOLD

    Gold fell to new low last week after a minor triangle placed in wave four. We know that triangles occur prior the final leg within a larger pattern. As such, latest move down was fifth wave, final leg within wave (a) that sent prices up at the end of the week. Ideally we we will see a three wave rally now up in wave (b), back to 1320/1342 reversal zone. For now, price is still in wave a) of (b), but we need three legs up, so be aware of more sideways and even upward price action before we may turn bearish again.

    GOLD 4h Elliott Wave Analysis

    Written by www.ew-forecast.com | Try Our Services 1 Month @ 1€ >> http://www.ew-forecast.com/service

    Stocks: GOLD
Back To ew-forecast.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • USDCHF: Before Brexit happened and today! Just listen the price action. https://t.co/M9drn1oKNw
    Jun 24, 2016
  • Regarding ‪#‎GBPUSD‬.. technicals suggests limited upside http://goo.gl/qErM25
    Jun 23, 2016
  • so where is VIX? price falling from 22 to 18.40 now. so far nice reaction from 61.8% as mentioned last week >>>http://goo.gl/K4S2xY
    Jun 20, 2016
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.