by Lara | Nov 11, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 11, 2020 Another small range day continues a pause after strong movement. The alternate Elliott wave counts have an increased probability, but price has not yet passed the confidence point required....
by Lara | Oct 20, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 20, 2020 There has still been no breakout. The main Elliott wave count and alternate Elliott wave count look at both possible breakout directions. Summary: The first and second Elliott wave counts...
by Lara | Sep 23, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 23, 2020 The first two Elliott wave counts have the same short-term target for downwards movement to end. The alternate Elliott wave count looks at the possibility of more downwards movement....
by Lara | Sep 2, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 2, 2020 Downwards movement remains above the lower trend line of the triangle pattern. Summary: The pullback may be over. The upwards trend may resume. Sideways movement may be over here. The next...
by Lara | Sep 1, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 1, 2020 A classic triangle may be forming. Price remains within triangle trend lines. Summary: The pullback may be over. The upwards trend may resume. Alternatively, price may continue sideways for a...
by Lara | Aug 10, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 10, 2020 A small inside day leaves both Elliott wave counts unchanged and the technical analysis conclusion the same. Summary: A consolidation or pullback may have begun at last week’s high, which...
by Lara | Jul 17, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 17, 2020 Price remains range bound. All three Elliott wave counts remain valid. Summary: The upwards trend may still remain intact. The next target is at 1,820 or 1,980. For the short term, a new low now...
by Lara | Jun 25, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 25, 2020 A small correction remains above the short-term invalidation point. Summary: The next target is at 1,820. The final target is at 1,980. However, Stockcharts data has still not confirmed an...
by Lara | Jun 3, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2020 A new low today below 1,693.39 shifts focus from a bullish target to a bearish target. Summary: Expect continuing downwards movement to at least 1,362. Further confidence in a downwards trend may...