XAUUSD Impulsive Elliott Wave Decline In Progress

by elliottwave-forecast.com | February 6, 2020 4:51 pm
XAUUSD (Gold) formed a secondary peak at 1593.82 on February 2, 2020 and turned lower sharply. Primary count suggests secondary peak completed wave B as a FLAT and wave C lower has started which should form part...

$XAUUSD Elliott Wave View: Can Be Nesting Higher

by elliottwave-forecast.com | December 27, 2019 5:44 pm
Short-term Elliott Wave view in $XAUUSD suggests that the rally from November 12, 2019 low can be nesting higher as an impulse structure looking for more upside still. However, if it continues to see strength higher and...

XAUUSD : Bullish Market Patterns

by elliottwave-forecast.com | October 14, 2019 11:33 am
XAUUSD Technical Analysis October 12/2019 XAUUSD : Possible bullish patterns are visible on the 4 hour chart. Blue bullish AB=CD pattern already triggered BUYS at the point D AB=CD level on October 1/2019. Price has since bounced...

GOLD ( $XAUUSD ) Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | May 5, 2019 2:44 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website.  GOLD has had incomplete sequences in the cycle from the February...

GOLD ( $XAUUSD ) Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | April 27, 2019 4:15 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website.  GOLD has had incomplete sequences in the cycle from the February...

Elliott Wave View: Gold Entering Buying Areas

by elliottwave-forecast.com | May 4, 2018 2:30 pm
Gold short-term Elliott Wave view suggests that the rally to 4/11 high at 1365.24 ended Minor wave B. Below from there, the decline is unfolding as an impulse Elliott wave structure in Minor wave C of (B) lower. This...

Geopolitical Tension Could Be Catalyst for Gold’s Rally

by elliottwave-forecast.com | April 16, 2018 2:54 pm
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and...

Elliott Wave Analysis: Gold in Double Correction

by elliottwave-forecast.com | March 1, 2018 11:11 am
Revised Short Term Elliott Wave view in Gold suggests that the yellow metal is still correcting cycle from 12/13/2017 low ($1236.3) as a double three Elliott Wave structure. Up from 12/13/2017 low, Intermediate wave (W) ended at $1366.06 and...

Elliott Wave Analysis: Gold Bullish against 1306.8

by elliottwave-forecast.com | February 27, 2018 10:36 am
Short Term Elliott Wave view in Gold suggests the decline to $1306.8 ended Intermediate wave (X). However, the yellow metal needs to break above Intermediate wave (W) at $1366.06 to rule out the possibility of a double correction...

Elliott Wave Analysis: Gold Ended Correction

by elliottwave-forecast.com | February 23, 2018 1:08 pm
We revise our Gold Short Term Elliott Wave view to a more aggressive one and call the decline to 2.8.2018 at $1306.8 ending Intermediate wave (X). For this view to get validity however, the yellow metal needs to...