Price moved into the target zone, which was 1,197 to 1,192, and then turned upwards to print a green daily candlestick.

Continue reading GOLD Elliott Wave Technical Analysis – 10th March, 2017 →

Sideways movement was expected. In the short term, some downwards movement within a consolidation was expected for the session, and this is what has happened.

Continue reading GOLD Elliott Wave Technical Analysis – 8th December, 2016 →

Price has moved higher to complete a green daily candlestick, as expected for the main Elliott wave count, but so far it is concerning that volume has not supported this movement.

Continue reading GOLD Elliott Wave Technical Analysis – 7th December, 2016 →

A little more downwards movement was expected for Monday to a small target zone at 1,319 – 1,322.

The low for Monday is at 1,320.94, right in the target zone.

Continue reading GOLD Elliott Wave Technical Analysis – 12th September, 2016 →

Upwards movement confirmed the main Elliott wave count and invalidated the alternate.

I have three daily and hourly Elliott wave counts today.

Continue reading GOLD Elliott Wave Technical Analysis – 13th July, 2016 →

Downwards movement was expected as most likely for yesterday’s main Elliott wave count.

Continue reading GOLD Elliott Wave Technical Analysis – 24th May, 2016 →

Gold has broken out of a consolidation upwards exactly as expected.

Continue reading GOLD Elliott Wave Technical Analysis – 29th April, 2016 →

The first hourly Elliott wave chart was invalidated with a new high above 1,236.56 confirming the second hourly Elliott wave count.

The second wave count expected upwards movement to 1,244. So far price has reached 1,243.19.

Continue reading GOLD Elliott Wave Technical Analysis – 7th April, 2016 →

Upwards movement has unfolded exactly as expected.

Continue reading GOLD Elliott Wave Technical Analysis – 16th March, 2016 →