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 26, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 26, 2021 A small range day closed green, but overall price has moved lower. Both short-term Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture and 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 18, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 18, 2021 An outside day closes red. Downwards movement within the session breached the short-term invalidation point on the second Elliott wave count. Summary: The first wave count is bearish for 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 24, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 24, 2021 A downwards day was expected for the first Elliott wave count. Summary: The first wave count is bearish for the bigger picture and has only one daily chart. This wave count expects a...
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 | Feb 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 2, 2021 A fairly strong downwards day fits the first Elliott wave count best, but price remains above support and within a consolidation zone. All Elliott wave counts remain valid. Summary: The first...
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...