Another small range day with light volume sees all three Elliott wave counts remain valid. Today the pennant has lasted 15 sessions, so tomorrow may see a breakout.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 22, 2019
A small range day remains within the pennant trend lines. Targets remain the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 21, 2019
A small range inside week leaves all three Elliott wave counts valid. At the end of the week, a classic pennant pattern looks to be forming. The flag pole is used to calculate a target.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 18, 2019
Another small range day remains within a consolidation zone. Three daily Elliott wave counts remain valid.
Today volume and ATR suggest a direction for tomorrow.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 17, 2019
Price remains range bound. All three daily Elliott wave counts remain valid. Today the bearish alternate wave count is relabelled for better proportion.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 16, 2019
The main wave count expected downwards movement for the last session, which is what has happened.
All three daily Elliott wave counts remain valid as price remains range bound.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 15, 2019
A small range inside day sees all three daily Elliott wave counts remain valid.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 14, 2019
