Overall, sideways movement continues as expected from the Elliott wave counts.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 10, 2019
Tag Archives: latest gold technical analysis
GOLD: Elliott Wave and Technical Analysis | Video – 7th December, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 7th December, 2018
The short-term target for upwards movement for Friday was 1,250. Price moved higher to reach 1,249.66, just 0.34 short of the target.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 7th December, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 15th November, 2018
A small range inside day leaves all Elliott wave counts the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 15th November, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 23rd October, 2018
An upwards breakout from a small Elliott wave triangle or a classic pennant pattern was expected, and this is what has happened.
Candlestick analysis is used today to determine if the target remains likely.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 23rd October, 2018
GOLD: Elliott Wave and Technical Analysis | Charts – 20th September, 2018
Price remains range bound. A breakout should come tomorrow or early next week.
On Balance Volume shall be watched carefully; it may give a signal prior to a breakout.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 20th September, 2018
GOLD Elliott Wave Technical Analysis – 29th August, 2018
For GDX the target remains the same and resistance continues to hold as expected.
Continue reading GOLD Elliott Wave Technical Analysis – 29th August, 2018
GOLD Elliott Wave Technical Analysis – 7th August, 2018
Another inside day completes a Shooting Star candlestick pattern. The implications of this pattern today are evaluated in context of recent price movement.
Members’ attention today is directed to the long term picture for GDX, which is significant for this market.
Continue reading GOLD Elliott Wave Technical Analysis – 7th August, 2018
GOLD Elliott Wave Technical Analysis – 20th July, 2018
Technical analysis at the end of this week focuses on candlestick patterns along with a very few key indicators. A strong pattern at the end of the week suggests the direction for next week for Gold.
Continue reading GOLD Elliott Wave Technical Analysis – 20th July, 2018
GOLD Elliott Wave Technical Analysis – 29th June, 2018
A candlestick pattern on the daily chart in combination with volume analysis indicate the most likely scenario for early next week.
Continue reading GOLD Elliott Wave Technical Analysis – 29th June, 2018
GOLD Elliott Wave Technical Analysis – 27th June, 2018
Downwards movement continued as last analysis expected it to. The target remains the same.
Continue reading GOLD Elliott Wave Technical Analysis – 27th June, 2018
GOLD Elliott Wave Technical Analysis – 26th June, 2018
Downwards movement today breached a trend line on one of the daily Elliott wave counts, and because of the breach it has now been discarded.
Volume analysis today is used to indicate the most likely direction for tomorrow.
Continue reading GOLD Elliott Wave Technical Analysis – 26th June, 2018
GOLD Elliott Wave Technical Analysis – 25th June, 2018
A small bounce was expected to continue the new trading week. An outside day remains above the last low, and the higher high fits expectations.
Continue reading GOLD Elliott Wave Technical Analysis – 25th June, 2018