Tag Archives: latest elliot wave analysis

GOLD Elliott Wave Technical Analysis – 31st July, 2017

Overall, more upwards movement was expected; a slight new high fits the main Elliott wave count.

Downwards movement during Monday’s session remained above the short term invalidation point on the hourly chart.

Continue reading GOLD Elliott Wave Technical Analysis – 31st July, 2017

GOLD Elliott Wave Technical Analysis – 27th February, 2017

More upwards movement continued to start the new week as the main Elliott wave count expected.

Continue reading GOLD Elliott Wave Technical Analysis – 27th February, 2017

GOLD Elliott Wave Technical Analysis – 21st February, 2017

Gold is still range bound.

Classic analysis, with a heavy reliance on volume analysis, is used to determine probability of the main versus alternate Elliott wave counts today.

Continue reading GOLD Elliott Wave Technical Analysis – 21st February, 2017

GOLD Elliott Wave Technical Analysis – 15th November, 2016

Yesterday’s Elliott wave and classic technical analysis expected some sideways / upwards movement for Thursday, which is exactly what happened.

Price has found resistance right at the trend line on the daily chart.

Continue reading GOLD Elliott Wave Technical Analysis – 15th November, 2016

GOLD Elliott Wave Technical Analysis – 7th October, 2016

More downwards movement is very close now to the second target, which was at 1,240.

Continue reading GOLD Elliott Wave Technical Analysis – 7th October, 2016

GOLD Elliott Wave Technical Analysis – 23rd August, 2016

Downwards movement was expected.

Again, price moved overall sideways to complete a very small daily Gravestone doji.

Continue reading GOLD Elliott Wave Technical Analysis – 23rd August, 2016

GOLD Elliott Wave Technical Analysis – 4th July, 2016

The main Elliott wave count from last analysis expected price to move higher, which is what has happened.

Continue reading GOLD Elliott Wave Technical Analysis – 4th July, 2016

GOLD Elliott Wave Technical Analysis – 20th June, 2016

Last analysis expected a counter trend movement to continue. A long legged doji candlestick fits this description.

Continue reading GOLD Elliott Wave Technical Analysis – 20th June, 2016

GOLD Elliott Wave Technical Analysis – 8th January, 2015

Price moved lower as expected. A small candlestick, which may end as a doji for Thursday’s session, fits the Elliott wave count nicely.

Continue reading GOLD Elliott Wave Technical Analysis – 8th January, 2015