A bounce was expected to end about 1,289. Upwards movement reached a high at 1,290.90 where price sharply reversed, just 1.90 above the target.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 8, 2019
Tag Archives: eliott wave
GOLD: Elliott Wave and Technical Analysis | Charts – April 16, 2019
More downwards movement was expected and this is exactly what is happening. The Elliott wave count and targets remain the same. All three Elliott wave counts expect more downwards movement at least for the short term.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 16, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – March 25, 2019
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
GOLD: Elliott Wave and Technical Analysis | Video – March 1, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – March 1, 2019
Downwards movement has continued exactly as the preferred Elliott wave count expected for the week.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 1, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – February 7th, 2019
Closure of the last gap is an important signal. This analysis now slightly shifts away from yesterday’s neutral stance.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 7th, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – January 16, 2019
Sideways movement continues to complete a small pennant pattern. The Elliott wave count remains the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 16, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – December 13, 2018
More sideways movement was expected for the very short term. This pattern may now be identified on the daily chart. The measured rule is used to calculate a target.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – December 13, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 21st November, 2018
Price has moved higher towards the Elliott wave target, which remains the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 21st November, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 30th October, 2018
A little more downwards movement remains within the identified consolidation zone.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 30th October, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 29th October, 2018
A small downwards swing was expected for the short term to a target about 1,220. Downwards movement for Monday to a low at 1,224.91 fits this expectation fairly well.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 29th October, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 26th September, 2018
Price remains range bound. Volume analysis is used to indicate the most likely breakout direction.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 26th September, 2018
GOLD Elliott Wave Technical Analysis – 4th September, 2018
Downwards movement was expected this week for Gold, which is exactly what is happening.
Continue reading GOLD Elliott Wave Technical Analysis – 4th September, 2018