by Lara | Jun 24, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 24, 2020 The short-term target at 1,777 was met. Price turned down at 1,778.32. Summary: A new high above 1,764.12 has invalidated what was the main wave count leaving a more bullish wave count. The next...
by Lara | Jun 2, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 2, 2020 Sideways movement has now continued for three weeks. All three Elliott wave counts remain the same. Summary: Upwards movement here is still expected because we should assume the trend remains the...
by Lara | May 11, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 11, 2020 Price continues to move sideways within a consolidation zone. Four Elliott wave counts remains valid. Summary: A target for the bullish wave count for a downwards wave is at 1,324. The main...
by Lara | Apr 17, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 17, 2020 Downwards movement was expected to end the week, which is exactly how price has behaved. Summary: A high may now be in place. A target for the bullish wave count for a downwards wave is at...
by Lara | Mar 26, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 26, 2020 A little more upwards movement was expected, although the very short-term invalidation point was breached first. Summary: The bounce may have ended today. The next target is at 1,237. Grand...
by Lara | Mar 4, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 4, 2020 A small range day leaves all three Elliott wave counts unchanged. Summary: The bear market may have resumed for Gold to eventually make new lows below 1,046.27. For the short term, a bounce may...
by Lara | Feb 11, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 11, 2020 Price remains range bound, although the main Elliott wave count did expect downwards movement for the last session, which is what happened. Summary: A new low below 1,536.52 would indicate a...
by Lara | Jan 20, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 20, 2020 With markets in the USA closed today for Martin Luther King Jr. Day, the analysis remains the same. Summary: A consolidation to last a Fibonacci 13 sessions (and so end on the 27th of January)...
by Lara | Dec 20, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 20, 2019 Sideways movement has continued all week. On Balance Volume is squeezed between contracting trend lines. A breakout must now come in a very few sessions. On Balance Volume may either precede...