Price remains within the channel on the hourly chart and the flag pattern remains valid. Price has breached the short-term invalidation point on the hourly chart but remains below the invalidation point on the daily chart.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 25, 2019
The bounce continued for the week. Price has remained below the invalidation point on the main daily Elliott wave count.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 22, 2019
A bounce on Friday remains below the short-term invalidation point for the hourly Elliott wave count. The mid and long-term targets remain the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 22, 2019
The bounce continues towards the target as expected.
Continue reading US OIL: Elliott Wave and Technical Analysis | Charts – March 22, 2019
A short-term Elliott wave target for upwards movement to end was calculated yesterday at 1,318 to 1,322. Upwards movement continued to a high at 1,319.80.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 21, 2019
The flag pattern may continue, and the target calculated remains the same. Price remains below the invalidation point on the daily Elliott wave chart.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 20, 2019
Price remains below the short-term invalidation point. Both short-term Elliott wave counts remain valid.
A flag pattern is identified for Gold. A target is calculated using the flag pole.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 19, 2019
A little upwards movement remains below the invalidation point. A new short-term Elliott wave count is considered.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 18, 2019
A target for the bounce to end was at 15.70. Price did continue higher for the week, but only to 15.517.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 15, 2019
