Sideways movement continues as both Elliott wave counts expected.
Today a small range day remaining well within resistance and support does not change the Elliott wave counts.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 14, 2019
For the short term, a small pullback was expected to continue. This is exactly what is happening.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 11th December, 2018
Upwards movement continues as the preferred Elliott wave count expects.
All four weekly Elliott waves counts remain valid.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 19th November, 2018
Another small range day remains within identified support and resistance. A consolidation was expected to continue.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 25th October, 2018
A small range inside day does not change the Elliott wave counts.
All three daily Elliott wave counts remain valid. Volume today supports the main Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 24th September, 2018
Price remains range bound. All Elliott wave counts remain valid.
This week’s GDX analysis may indicate which Elliott wave count may be more likely for Gold.
Continue reading GOLD Elliott Wave Technical Analysis – 31st August, 2018
Sideways movement over the last couple of weeks still mostly fits the main Elliott wave count for Gold. A short term alternate is still provided.
Continue reading GOLD Elliott Wave Technical Analysis – 9th August, 2018
With a sideways range day, the Elliott Wave counts remain the same.
Continue reading GOLD Elliott Wave Technical Analysis – 12th June, 2018
Last analysis warned it was possible that lows may again be tested, which is what has happened today. The Elliott wave target at 1,295 was inadequate; the low for the day was at 1,288.56.
Continue reading GOLD Elliott Wave Technical Analysis – 15th May, 2018
A bounce was expected to turn up within 24 hours, which is what has happened.
Continue reading GOLD Elliott Wave Technical Analysis – 13th April, 2018
An upwards swing was expected to continue. Price has made a new high and downwards movement within the session remains above the invalidation point.
Continue reading GOLD Elliott Wave Technical Analysis – 27th March, 2018
A downwards day was expected for Thursday, and this is exactly what happened.
The target is now calculated at two degrees to a small $1 zone.
Continue reading GOLD Elliott Wave Technical Analysis – 8th March, 2018