The first target given in yesterday’s analysis on the hourly chart was at 1,532. Price reached 1,533.24 and then turned sharply down.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 13, 2019
Tag Archives: gold elliott wave count
GOLD: Elliott Wave and Technical Analysis | Charts – August 12, 2019
Upwards movement continued as both Elliott wave counts expected. Targets remain the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 12, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – July 22, 2019
A very small range inside day leaves the Elliott wave counts unchanged.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 22, 2019
GOLD: Elliott Wave and Technical Analysis | Video – July 19, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – July 19, 2019
The first target at 1,452 was almost met this week with a high at 1,450.65.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 19, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 27, 2019
More downwards movement fits the short-term expectation for both Elliott wave counts.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 27, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 26, 2019
A little more downwards movement leaves both Elliott wave counts valid.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 26, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 5, 2019
A sharp upwards spike completes a strong candlestick pattern today, which suggests the next direction for at least a few days.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 5, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 4, 2019
A small consolidation or pullback was expected to begin within this upwards movement. Today that may have arrived, as the short-term expectation for yesterday’s hourly chart anticipated.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 4, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 14, 2019
More upwards movement was expected. The last daily candlestick makes a higher high and a higher low, which fits this expectation.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 14, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 13, 2019
A strong upwards day with support from volume sees price break out of the channel on the daily chart. This necessitates a change in the Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 13, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – April 22, 2019
A small range upwards day moves price higher, but the candlestick closed red. Overall, this fits the Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 22, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – April 19, 2019
With New York Stock Exchange closed for Good Friday, there is no new data to analyse for Friday’s session. But the weekly technical analysis is updated in this analysis.
Strong signals from On Balance Volume support the Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 19, 2019