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
Tag Archives: gold technical analysis
GOLD: Elliott Wave and Technical Analysis | Charts – August 8, 2019
Both Elliott wave counts have targets which expect more upwards movement. A small range inside day does not change the expectation.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 8, 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 – 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 – 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 24, 2019
All three Elliott wave counts remain valid and two short-term scenarios are considered for members today on hourly charts. Overall, all three Elliott wave counts expect the same direction next but targets differ.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 24, 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 | Video – May 31, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 31, 2019
An upwards breakout fits the alternate Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 31, 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 – May 9, 2019
Downwards movement was expected for Thursday’s session. An inside day sees price remain above identified support and below the Elliott wave invalidation point.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 9, 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