A bounce was expected for the short term, which is exactly what has happened for the session.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 12, 2019
Category Archives: Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 11, 2019
A long lower wick on today’s daily candlestick supports the short-term outlook for both Elliott wave counts.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 11, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 10, 2019
A strong downwards day indicates the alternate triangle Elliott wave count may be more likely than the main, which differs only for a short-term outlook. The wave counts are switched over today.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 10, 2019
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Video – June 7, 2019
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – June 7, 2019
GOLD: Elliott Wave and Technical Analysis | Video – June 7, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 7, 2019
A new high above 1,346.45 was expected for the main Elliott wave count, although some further consolidation was expected first.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 7, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 6, 2019
An inside day with relatively weak volume fits the expectations for some consolidation after a blow off top. The final target zone remains the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 6, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 5, 2019
A sharp upwards spike completes a strong candlestick pattern today, which suggests the next direction for at least a few days.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 5, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 4, 2019
A small consolidation or pullback was expected to begin within this upwards movement. Today that may have arrived, as the short-term expectation for yesterday’s hourly chart anticipated.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 4, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2019
Upwards movement was expected to continue, which is exactly what has happened. A new high above 1,311.40 early in the session added confidence to this expectation.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2019