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
Tag Archives: gold daily elliott wave chart
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
GOLD Elliott Wave Technical Analysis – 13th August, 2018
A downwards breakout from a Pennant pattern for Gold was expected for this week, which is exactly what has happened.
Continue reading GOLD Elliott Wave Technical Analysis – 13th August, 2018
GOLD Elliott Wave Technical Analysis – 17th July, 2018
Last analysis presented a new alternate Elliott wave count for the short term that expected downwards movement that should have strength. A bearish signal yesterday from On Balance Volume supported this view, and members were warned in yesterday’s summary that downwards movement was possible, which happened today.
Continue reading GOLD Elliott Wave Technical Analysis – 17th July, 2018
GOLD Elliott Wave Technical Analysis – 3rd July, 2018
A strong candlestick pattern indicates the next consolidation has arrived, $10 short of the target.
Continue reading GOLD Elliott Wave Technical Analysis – 3rd July, 2018
GOLD Elliott Wave Technical Analysis – 2nd July, 2018
The Elliott wave target remains the same.
Continue reading GOLD Elliott Wave Technical Analysis – 2nd July, 2018
GOLD Elliott Wave Technical Analysis – 28th June, 2018
As expected, downwards movement continues towards the Elliott wave target.
Continue reading GOLD Elliott Wave Technical Analysis – 28th June, 2018
GOLD Elliott Wave Technical Analysis – 14th June, 2018
Upwards movement today has support from volume. This fits the main Elliott wave count.
Continue reading GOLD Elliott Wave Technical Analysis – 14th June, 2018