Tag Archives: ellliotwavegold

GOLD Elliott Wave Technical Analysis – 12th April, 2017

Upwards movement continues as expected. Members have been advised to move stops up now to protect some profit. Profit targets are still the same. A new channel on the hourly chart will be used to manage long positions.

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GOLD Elliott Wave Technical Analysis – 4th April, 2017

The main Elliott wave count expected upwards movement for Tuesday’s session, which is what has happened.

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GOLD Elliott Wave Technical Analysis – 31st March, 2017

Downwards movement was expected to continue. Overall, Friday’s session did move price lower with a lower low and a lower high, but the session closed green with a strong upwards push. This was not expected.

Members are offered some trading strategies for how to approach this market early next week.

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GOLD Elliott Wave Technical Analysis – 30th March, 2017

Downwards movement continued for Thursday as expected. Price is now below the lower edge of the base channel on the hourly chart.

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GOLD Elliott Wave Technical Analysis – 3rd March, 2017

Downwards movement continued as expected for the main Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 20th February, 2017

A lower high and a lower low moved price lower for Monday’s session, which is overall what the main Elliott wave count expected. A public holiday in the USA for Presidents Day saw markets very quiet.

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GOLD Elliott Wave Technical Analysis – 25th January, 2017

A breach of the trend channel and a new low below 1,195.82 invalidated the main Elliott wave count and confirmed the alternate.

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GOLD Elliott Wave Technical Analysis – 10th January, 2017

Some weakness is seen in this upwards movement and price remains within a narrow channel on the hourly Elliott wave chart.

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GOLD Elliott Wave Technical Analysis – 23rd December, 2016

Another very small range day completes a small doji candlestick. This fits neatly with the expectations short term for the Elliott wave count.

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GOLD Elliott Wave Technical Analysis – 19th December, 2016

A small upwards day fits all four Elliott wave counts. Price behaviour is now pointing to which wave count looks most likely.

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GOLD Elliott Wave Technical Analysis – 15th December, 2016

Downwards movement was expected to continue for the main Elliott wave count after last analysis.

The target remains the same and the alternate now has a new target.

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