by Lara | May 12, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 12, 2020 Another small range day closes as a doji. Price remains within a consolidation zone. A breakout is required for confidence in the next direction. Summary: A target for the bullish wave count for a...
by Lara | Apr 20, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 20, 2020 Downwards movement continues as expected. The Elliott wave counts remain the same. Summary: A high may now be in place. A target for the bullish wave count for a downwards wave is at 1,324. The...
by Lara | Mar 27, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 27, 2020 Sideways movement leaves the Elliott wave counts unchanged. Summary: The bounce may have ended. The next target is at 1,237. Grand SuperCycle analysis is here. Monthly charts were last updated...
by Lara | Mar 5, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 5, 2020 Another wide ranging upward day with weak volume remains below the invalidation point for the main Elliott wave count. Summary: Although volume remains light, strong upwards movement and a strong...
by Lara | Feb 12, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 12, 2020 A little downwards movement for the session closes green. This inconclusive day with light volume suggests the bounce may not be over. Summary: A new low below 1,536.52 would indicate a high...
by Lara | Jan 21, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 21, 2020 Price has closed again within a channel on the daily chart. All three Elliott wave counts remain valid and today all three shall have hourly charts to follow most recent movement. Summary: A...
by Lara | Dec 23, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 23, 2019 Last analysis expected for the very short term a very little upwards movement to find resistance at the upper edge of a channel. Price remains within the channel and On Balance Volume remains...
by Lara | Nov 15, 2019 | Gold |
A bounce was expected to most likely be over. An inside day with overall downwards movement within the session fits this expectation. Summary: The downwards trend may resume next week. The Elliott wave target is at 1,348. A target calculated from the triangle is about...
by Lara | Oct 24, 2019 | Gold |
Price remains within the pennant trend lines and below resistance. All three Elliott wave counts remain valid. Today volume suggests the bearish alternate or bullish wave counts may be more likely. Summary: A new low below 1,456.64 would provide confidence that the...