by Lara | Aug 17, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 17, 2021 Upwards movement today found resistance at the next identified resistance area and has then breached the short-term channel for the preferred Elliott wave count. Summary: Both Elliott wave...
by Lara | Jul 26, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 26, 2021 An upwards session closes red. Price remains well within the short-term channel on hourly charts and below the Elliott wave invalidation point. Summary: The main wave count now has a target for a...
by Lara | Jul 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 2, 2021 Upwards movement continues to end the week as both Elliott wave counts expected. Summary: A multi-week to multi-month bounce may have begun. A target for resistance is at 1,814 or 1,853. Grand...
by Lara | Jun 10, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 10, 2021 A downwards session closes green with a long lower wick. A signal today from On Balance Volume supports both Elliott wave counts, which expect the same direction next. Summary: The main wave...
by Lara | May 19, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 19, 2021 A sharp pullback on the hourly chart indicates a fourth wave correction may have arrived prior to the target. Both Elliott wave counts expect essentially the same movement next. Summary: The main...
by Lara | May 3, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 3, 2021 An upwards session with some support from volume sees the first Elliott wave count changed. Both Elliott wave counts remain valid and price remains within a downwards sloping channel from August...
by Lara | Apr 30, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 30, 2021 A breach of a small channel now at the daily chart level supports the first preferred Elliott wave count. Both Elliott wave counts remain valid. Summary: The first wave count is bearish for the...
by Lara | Apr 29, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 29, 2021 Price moves lower and now has support from volume. This supports the first Elliott wave count. Summary: The first wave count is bearish for the bigger picture and classic technical analysis...
by Lara | Mar 23, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 23, 2021 A downwards day was expected for the first Elliott wave count today. Both Elliott wave counts remain valid, but the first still has more support from classic technical analysis at this time....