Today’s Stockcharts data shows a downwards breakout from the triangle. The targets remain the same.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – November 7, 2019
Tag Archives: technical analysis gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 16, 2019
Price remains range bound. All three daily Elliott wave counts remain valid. Today the bearish alternate wave count is relabelled for better proportion.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – October 16, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – September 24, 2019
A bounce was expected to continue up to about 1,529. The high for this session was at 1,534.62.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – September 24, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – September 2, 2019
A very small range day while New York is on holiday leaves both Elliott wave counts unchanged.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – September 2, 2019
GOLD: Elliott Wave and Technical Analysis | Video – August 9, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – August 9, 2019
At the end of the week, two small sideways days do not change the overall expectation from both Elliott wave counts.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – August 9, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 25, 2019
The bullish and bearish Elliott wave counts now may diverge. A clear price point differentiates the two ideas.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 25, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2019
Upwards movement was expected to continue, which is exactly what has happened. A new high above 1,311.40 early in the session added confidence to this expectation.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – May 10, 2019
A small range upwards week remains within the channel and below the invalidation point. The Elliott wave counts remain the same, and all expect the same direction next week.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 10, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – April 18, 2019
Price moves lower as expected.
Today On Balance Volume gives a strong signal, which supports the Elliott wave count.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 18, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – March 27, 2019
For the short term, a little more upwards movement was expected to unfold. A close today below the channel on the daily chart after some downwards movement shifts this view.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 27, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – March 5, 2019
Price continues lower as the Elliott wave counts expect. Today volume and ATR suggest this may end soon. Resistance is identified for a potential bounce.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 5, 2019
GOLD: Elliott Wave and Technical Analysis | Charts – February 11, 2019
Price remains within the consolidation zone. While strong support holds, the preferred Elliott wave count will remain at a critical juncture.
Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 11, 2019