Another small range day continues sideways movement as a pennant pattern unfolds. The target calculated using the flag pole length remains the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 22, 2019
Tag Archives: 2019 gold elliott wave analysis
GOLD: Elliott Wave and Technical Analysis | Charts – July 31, 2019
Both hourly charts yesterday expected some downwards movement, which is what is happening so far.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 31, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – July 9, 2019
Another small range day moves price mostly sideways. After a highly significant breakout, a pullback or consolidation was expected to test support.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 9, 2019
GOLD: Elliott Wave and Technical Analysis | Video – June 14, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 14, 2019
The alternate Elliott wave count expected for the short term a new high to 1,349 before a reversal. Price reached 1,357.92, remaining below the Elliott wave invalidation point, and there sharply reversed.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 14, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 23, 2019
For the very short term, a bounce was expected for this session. The bounce is higher than expected, but it remains below the Elliott wave invalidation point.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 23, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 1, 2019
Some downwards movement at the end of the session fits expectations from the Elliott wave counts.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 1, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – April 9, 2019
Upwards movement remains below the invalidation point and price remains within the base channel. The next target at the 0.618 Fibonacci ratio is now used.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 9, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – March 18, 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
GOLD: Elliott Wave and Technical Analysis | Charts – February 22, 2019
A small range inside day sees the Elliott wave count remain the same. At the end of this week, classic analysis now supports the Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 22, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – January 31, 2019
Upwards movement continues towards the target.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 31, 2019