Price remains range bound. A breakout is expected shortly. Elliott wave counts provide targets.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 10, 2019 →

A small range day with a long lower wick moves price a little lower. Downwards movement overall was expected from the main Elliott wave count.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 17, 2019 →

Continue reading GOLD: Elliott Wave and Technical Analysis | Video – May 24, 2019 →

Price remains range bound at the end of the week after moving mostly sideways. All Elliott wave counts remain valid.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 24, 2019 →

Downwards movement continues as expected from all three Elliott wave counts. Targets remain the same.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 2, 2019 →

A little more upwards movement was expected for Wednesday to end about 1,307 to 1,310. Upwards movement has continued to reach a high at 1,310.17 so far.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 10, 2019 →

Price remains below the short-term invalidation point. Both short-term Elliott wave counts remain valid.

A flag pattern is identified for Gold. A target is calculated using the flag pole.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 19, 2019 →

Overall, the week has begun with some sideways movement. For the short term, this is what the preferred Elliott wave count expected.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 25, 2019 →

I’ve videoed the process today of developing part of the Elliott wave count for Gold on the hourly chart. Some members may find this useful in learning Elliott wave and having a deeper understanding of the current Elliott wave structure and expectations for next week.

Continue reading GOLD: Elliott Wave and Technical Analysis | Video – Developing the Wave Count – February 1st, 2019 →

The target remains the same. At the end of this week, a channel and a specific price point are used to indicate a trend change.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 1st, 2019 →

Overall, sideways movement continues as expected from the Elliott wave counts.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 10, 2019 →

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 →

A small range inside day leaves all Elliott wave counts the same.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 15th November, 2018 →