The preferred Elliott wave count expected more sideways movement, which is exactly what has happened for the last several sessions. The target for the next swing remains the same.
The preferred Elliott wave count has expected sideways movement this week. So far this is exactly how price is behaving.
The preferred Elliott wave count did expect a downwards swing to begin early this week. So far this is mostly what has happened.
Last analysis warned Elliott Wave Gold members that gold may continue sideways in the current consolidation for a while yet. Another very small range day moves price essentially sideways on very light volume.
This market is consolidating. Volume will be used to guide as to which direction the breakout is most likely. Stochastics along with support and resistance will be used to indicate when one swing with the consolation ends and the next begins.