Upwards movement continues as the bullish Elliott wave count has expected. The bearish Elliott wave count remains valid, and the target zone has been widened.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 7, 2019
Tag Archives: eliott wave
GOLD: Elliott Wave and Technical Analysis | Charts – July 16, 2019
The pennant pattern remains valid; the breakout is now expected within the next few hours. The targets calculated from the flag pole of the pennant pattern and from Elliott wave remain the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 16, 2019
GOLD: Elliott Wave and Technical Analysis | Video – June 21, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 21, 2019
After an upwards breakout on Friday, three Elliott wave counts remain valid.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 21, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 30, 2019
Price remains range bound within identified support and resistance. A breakout may come now next week.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 30, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 8, 2019
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
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 | 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