by Lara | Aug 12, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 12, 2021 A little more upwards movement over the last 24 hours was expected for both Elliott wave counts, at least for the short term. The target zone for the preferred bearish Elliott wave count...
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 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 21, 2021 Last Elliott wave and classic technical analysis expected the downwards trend to resume for Gold, which is exactly what has happened today. Summary: The main wave count now has a target for a...
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 29, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 29, 2021 More downwards movement was expected from the alternate Elliott wave count. A five wave impulse lower looks to be completing. This fits the alternate Elliott wave count best. Summary: The main...
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 7, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 7, 2021 Both Elliott wave counts expected this new week to begin with upwards movement, which is what has happened. Summary: The main wave count is bullish. The next mid-term target is at 1,923. The...
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 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:...