The first point looked for to give confidence in the Elliott wave count is now seen in a candlestick reversal pattern. Today completes an Evening Star on the daily chart for Gold.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 21, 2019
The second target was met and price kept rising. The third and final target may now be used.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 30, 2019
Some downwards movement was expected, which is what has happened.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 8, 2019
A little downwards movement was expected to a short-term Elliott wave target about 1,232. Downwards movement for the session reached 1,233.44, just 1.44 short of the target.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 5th December, 2018
More downwards movement was expected.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 13th November, 2018
Sideways movement continued at the end of the week, which is what the short term expectation was for the Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 19th October, 2018
A small doji candlestick continues sideways movement.
The expected direction for the breakout from this small consolidation is still the same.
Continue reading GOLD Elliott Wave and Technical Analysis – 18th September, 2018
Sideways movement continues as the preferred Elliott wave count expects.
Continue reading GOLD Elliott Wave and Technical Analysis – 17th September, 2018
More upwards movement for the short term was expected for both Gold and GDX.
Continue reading GOLD Elliott Wave Technical Analysis – 27th August, 2018
Downwards movement continued a little further as the main Elliott wave count expected, but fell 8.69 short of the target.
Continue reading GOLD Elliott Wave Technical Analysis – 3rd August, 2018