Gold Broke Above Triangle Pattern on 4-hour Chart

by ForexCycle.com | May 29, 2017 5:11 am
XAUUSD broke above the triangle patter on its 4-hour chart last Friday and continued its short term bullish movement from the May 9 low of 1214.17, and the price extended to as high as 1269.37. Near term...

Randgold Resources Short Term Bullish Sequence

by elliottwave-forecast.com | May 24, 2017 12:13 pm
Randgold Resources (NASDAQ: GOLD) was founded 22 years ago in 1995, it’s a gold mining business operating in Africa mainly in Mali. The price of Gold & Silver dropped significantly early this month which put a lot of pressure...

Gold Rebounded Away From Trend Line

by ForexCycle.com | May 23, 2017 7:57 am
After touching the ascending trend line from 1180.51 to 1194.94 on daily chart, XAUUSD rebounded strongly to 1265. Further rise to test the resistance of the descending trend line from the July 2016 high of 1375.11 to...

XAUUSD is facing trend line support

by ForexCycle.com | May 10, 2017 2:15 am
After touching the descending trend line on daily chart from 1375.11 (2016 high) to 1337.28, XAUUSD started a bearish movement from 1295.44. Now the fall extended to as low as 1214.19, facing the support of the rising...

Gold short term weakness likely

by elliottwave-forecast.com | May 2, 2017 1:07 pm
Gold to Silver Ratio Daily Elliott Wave Chart Daily chart of Gold-to-Silver ratio above suggests that the ratio is correcting cycle from 2/29/2016 peak (83.68) before the decline resumes later, provided that pivot at 83.68 high stays...

Gold Elliott Wave View: pullback ending

by elliottwave-forecast.com | April 19, 2017 7:43 am
Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at...

Gold Elliott Wave View: Pullback completed

by elliottwave-forecast.com | April 18, 2017 7:47 am
Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at...

Gold Elliott Wave View: Pullback starting

by elliottwave-forecast.com | April 14, 2017 8:59 am
Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at...

Gold rallied after Elliott Wave Flat Correction

by elliottwave-forecast.com | April 13, 2017 2:46 pm
Gold ( GC_F ) has been rallying since forming a low on 3/10 (1196). Rally from there is still incomplete and needs some more upside, so we were keep looking for buying any intraday dip in the...

Gold Elliott Wave View: Ending Impulse

by elliottwave-forecast.com | April 13, 2017 9:50 am
Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolding as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minute wave (iii) ended at...