by Lara | May 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 21, 2021 The week ends higher, which was expected by the main Elliott wave count. Summary: The main wave count is bullish. For the short term, a consolidation may continue sideways for another few days....
by Lara | May 20, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 20, 2021 A smaller range inside day fits expectations for a pullback or consolidation to begin after Wednesday’s extreme upwards movement. Summary: The main wave count is bullish. For the short term,...
by Lara | May 19, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 19, 2021 A sharp pullback on the hourly chart indicates a fourth wave correction may have arrived prior to the target. Both Elliott wave counts expect essentially the same movement next. Summary: The main...
by Lara | May 18, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 18, 2021 A smaller range upwards day brings price just $5 below next resistance. Today a daily chart will also be published for the alternate Elliott wave count. Summary: The main wave count is bullish....
by Lara | May 17, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 17, 2021 Today price closes above resistance and makes an important new high above 1,849.22. This invalidates the first Elliott wave count, leaving the second Elliott wave count as now the main wave count....
by Lara | May 15, 2021 | Gold, Lara's Weekly, S&P500, US Oil
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – May 14, 2021 S&P 500 The main Elliott wave count expected more upwards movement to end the week, which is exactly what has happened. Summary: Friday...
by Lara | May 14, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 14, 2021 Upwards movement finishes the week, but in contrast to last week this upwards movement has weak volume. This supports the first Elliott wave count. Both Elliott wave counts remain valid. Summary:...
by Lara | May 13, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 13, 2021 Another downwards session remains above the short-term invalidation point for the second Elliott wave count, and fits both Elliott wave counts. Summary: The first wave count now expects the bounce...
by Lara | May 12, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 12, 2021 Downwards movement fits both Elliott wave counts, but on the daily chart a bearish candlestick pattern fits the first Elliott wave count. Summary: The first wave count now expects the bounce is...