Tag Archives: gold technical analysis

GOLD: Elliott Wave and Technical Analysis | Charts – July 17, 2019

Downwards movement was expected to end within a very few hours after last analysis was published and thereafter to be followed by an upwards breakout. Today price has closed above the upper edge of the pennant pattern, but a lack of support from volume so far is suspicious.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 17, 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