by Lara | Aug 6, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 6, 2021 Downwards movement again has unfolded as expected for both the first and second Elliott wave counts. The second (preferred) Elliott wave count has expected an increase in downwards momentum and...
by Lara | Jul 15, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 15, 2021 Again, upwards movement has continued for another session as expected. A pullback within the session remains above the short-term Elliott wave invalidation point and the Elliott wave target...
by Lara | Jun 23, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 23, 2021 Again, the main Elliott wave count has expected upwards movement, which is overall what has happened. Volume and range are weak, however, which suggests the alternate Elliott wave count may be...
by Lara | Jun 1, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 1, 2021 Another small range day sees price move higher but with a candlestick that closed red. Summary: The main wave count is bullish. A short-term target is at 1,987. The longer-term target is at 2,094...
by Lara | Apr 20, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 20, 2021 Price is following the short-term pathway on the hourly Elliott wave chart in yesterday’s analysis. Summary: The first wave count is bearish for the bigger picture and classic technical...
by Lara | Mar 12, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 12, 2021 Upwards movement this week completes another fourth wave correction as expected. Summary: The first wave count is bearish for the bigger picture and classic technical analysis supports this...
by Lara | Feb 18, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 18, 2021 A little more downwards movement with a smaller range day sees price remain just above important support. Summary: The first wave count is bearish for the bigger picture and has only one...
by Lara | Jan 27, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 27, 2021 Overall, classic technical analysis still supports the first Elliott wave count, but both Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture and...
