by Lara | Aug 9, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 9, 2021 Downwards movement has continued as both Elliott wave counts expected. Price has stopped just short of the invalidation point for the main Elliott wave count, so both Elliott wave counts remain...
by Lara | Jul 16, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 16, 2021 Downwards movement breached the short-term Elliott wave invalidation point, indicating the bounce may be over. The Elliott wave channel may now be used for confidence in the Elliott wave count....
by Lara | Jun 24, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 24, 2021 A small range inside day leaves both Elliott wave counts valid, but price behaviour with weak volume and range over the last few days does suggest the alternate Elliott wave count may be more...
by Lara | Jun 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 2, 2021 A small range inside day leaves the Elliott wave analysis unchanged. Summary: The main wave count is bullish. A short-term target is at 1,987. The longer-term target is at 2,094 although this may...
by Lara | May 11, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 11, 2021 A red doji today fits for both Elliott wave counts. For the very short term, now the Elliott wave structure on the hourly chart fits the second Elliott wave count better than the first. Classic...
by Lara | Apr 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 21, 2021 Upwards movement continues to the short-term target, which remains the same on the first Elliott wave count. The second Elliott wave count is bullish and expects upwards movement. Summary: The...
by Lara | Mar 15, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 15, 2021 A very small range day moved price slightly higher, finding resistance exactly at the upper edge of a channel on the first hourly chart. Volume was very weak, supporting the first Elliott wave...
by Lara | Feb 19, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 19, 2021 A new swing low at the end of the week adds confidence in the first bearish Elliott wave count and reduces the probability of the second bullish Elliott wave count. Summary: The first wave...
by Lara | Jan 28, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 28, 2021 For the very short term, the first wave count expected a little upwards movement, which is what has happened although the target expectation was not quite met. Summary: The first wave count is...
