A small amount of upwards movement to start the week remains below the short-term invalidation point. Both Elliott wave counts remain valid.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – September 16, 2019 →

Continue reading GOLD: Elliott Wave and Technical Analysis | Video – August 23, 2019 →

For the short term, upwards movement to at least 1,528.20 was expected. The high for Friday at 1,528.68 meets this expectation perfectly.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 23, 2019 →

The last two sessions have seen price whipsaw within a consolidation zone. Today On Balance Volume gives a reasonable signal. All Elliott wave counts remain valid.

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

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 →

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 →