Price remains range bound. The short-term structure on the hourly chart now suggests the most likely breakout direction.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – July 11, 2019 →

For the very short term, a deep bounce was expected, which is what has happened.

Price remains below the invalidation point.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – June 18, 2019 →

Another very small range day fits the short-term expectation for the main Elliott wave count for price to move very slightly higher.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 27, 2019 →

Continue reading GOLD: Elliott Wave and Technical Analysis | Video – May 3, 2019 →

A strong bounce at the end of the week creates a candlestick pattern on the daily chart that has support from volume. The short-term expectation is adjusted, but the mid and long-term Elliott wave targets remain the same as does the channel on the daily chart.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 3, 2019 →

A bounce was expected to end at resistance yesterday, and thereafter downwards movement was expected. Members were advised to enter short. A strong downwards day should see members with profits.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – April 11, 2019 →

The flag pattern may continue, and the target calculated remains the same. Price remains below the invalidation point on the daily Elliott wave chart.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – March 20, 2019 →

Price has again moved sideways, which overall fits the expectations for the Elliott wave count.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 26, 2019 →

Two targets are provided: one using Elliott wave and the other a classic analysis target using the last gap.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – February 4th, 2019 →

Sideways movement for this week has continued exactly as expected from the Elliott wave count and classic technical analysis. The short-term structure is analysed this week to determine if the correction may be complete or not.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 11, 2019 →

For the short term, a small pullback was expected to begin the new trading week. A red daily candlestick represents overall downwards movement for Monday’s session.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 10th December, 2018 →

Upwards movement has continued at the end of the week as expected.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 16th November, 2018 →

Another consolidation was expected to have begun. A small range inside day fits this expectation.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – 24th October, 2018 →