Category Archives: Gold

GOLD: Elliott Wave and Technical Analysis | Charts – June 20, 2019

Today Gold may be in the process of a classic upwards breakout from a multi-year consolidation. If this session closes above 1,374.91 (the July 2016 high) on an upwards day with support from volume, then have confidence in the breakout.

Today I have three Elliott wave counts, all of which are bullish.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 20, 2019

GOLD: Elliott Wave and Technical Analysis | Charts – June 19, 2019

Gold price is still rising and is now close to the invalidation point for the main Elliott wave count. All three Elliott wave counts remain valid at this stage, but we may soon be closer to some clarity regarding this B wave.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 19, 2019