by Lara | Mar 11, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 11, 2020 Downwards movement today remains above the invalidation point for the main Elliott wave count, but weakness in GDX suggests a more bearish wave count may be considered for Gold. Summary: A...
by Lara | Feb 21, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 21, 2020 Upwards movement continued as expected, although the targets at 1,626 to 1,630 were inadequate. Summary: New targets are at 1,719 (bear wave count) or 1,834 (bull wave count). Conditions are...
by Lara | Feb 18, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 18, 2020 Upwards movement has breached the short-term invalidation point but has not made a new high. Summary: The predominant view of this analysis will remain bearish while price remains below...
by Lara | Jan 29, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 30, 2020 Upwards movement was expected for this week and so far that is what is happening. Summary: Upwards movement may continue this week. Targets are 1,626 (main bear count) or 1,635 then 1,693...
by Lara | Jan 27, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 27, 2020 The main bearish and the bullish Elliott wave counts both expected upwards movement to continue, which is so far what is happening. Summary: Upwards movement may continue this week. Targets...
by Lara | Jan 8, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 8, 2020 Today’s huge Bearish Engulfing candlestick with a long upper wick supports the main Elliott wave count. Summary: A consolidation to last about two weeks and find support about the lower...
by Lara | Dec 31, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 31, 2019 The short-term target at 1,522 has now been met and exceeded by 2.48. Both Elliott wave counts still expect the same direction next. Notice to members: This is the last analysis of 2019. With...
by Lara | Nov 26, 2019 | Gold |
Downwards movement was expected to continue. A lower low and a higher high completes an outside day, which overall fits expectations. Price remains below the short-term Elliott wave invalidation point. Summary: The downwards trend may resume. The Elliott wave target...
by Lara | Nov 21, 2019 | Gold |
A bounce was expected to be over at the last high and downwards movement was expected. This is exactly what has happened. Summary: The downwards trend may resume. The Elliott wave target is at 1,348. A target calculated from the triangle is about 1,431. For the very...