A downwards swing was expected to continue. Upwards movement during Monday’s session remains below the invalidation point, and the range for this session is small. Volume does not support upwards movement.
Continue reading GOLD Elliott Wave Technical Analysis – 16th April, 2018
Downwards movement has continued a little further as last analysis expected. For the short term, volume and On Balance Volume suggest the direction for Monday and possibly Tuesday as well.
Continue reading GOLD Elliott Wave Technical Analysis – 29th March, 2018
More downwards movement was expected, which is what has happened.
Continue reading GOLD Elliott Wave Technical Analysis – 20th February, 2018
More downwards movement for the short term was expected to a target at 1,333. Price moved lower to reach 1,334.53 before bouncing higher.
Continue reading GOLD Elliott Wave Technical Analysis – 30th January, 2018