by Lara | Dec 31, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 31, 2020 A small pennant pattern may be forming. A target is calculated from the flag pole. Summary: For the short term, a small pennant pattern may be forming. A close above the upper pennant trend...
by Lara | Dec 9, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 9, 2020 The bounce off the low of November 30th was expected to end. A large red daily candlestick today fits that expectation. Summary: The first wave count is bearish for the bigger picture, and it...
by Lara | Nov 16, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 16, 2020 A wide ranging day sees all Elliott wave counts unchanged. Price remains constrained between resistance and support. Summary: The strength of downwards movement strongly favours the alternate...
by Lara | Oct 23, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 23, 2020 Gold completes a very small range inside week, which leaves all Elliott wave counts unchanged. Summary: The first and second Elliott wave counts expect upwards movement to 2,160. The alternate...
by Lara | Sep 28, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 28, 2020 Upwards movement was expected from the first Elliott wave count. Summary: The first Elliott wave count now expects upwards movement to 2,160. A target calculated from the classic symmetrical...
by Lara | Sep 4, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 4, 2020 A triangle pattern may be complete at today’s low. Summary: The pullback may be over. The upwards trend may resume. The next target is now at 2,180. A new low below 1,764.12 at any time...
by Lara | Aug 13, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 13, 2020 Upwards movement was expected for Thursday’s session by all short-term Elliott wave counts. Summary: The pullback may be over. The upwards trend may resume. Alternatively, it is possible...
by Lara | Jul 22, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 22, 2020 Members were warned yesterday that a blow off top may form. An increase in upwards momentum fits this expectation. Summary: The upwards trend is intact. A new short-term target is at 1,884 or...
by Lara | Jun 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 30, 2020 The main wave count assumes the trend remains the same until proven otherwise. The trend is upwards. Price continues to move higher towards the target. Summary: The next target is at 1,820. The...
