by Lara | Jan 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 21, 2021 A short-term target for the first Elliott wave count was at 1,880. A little more upwards movement for the session reached 1,874.27. Summary: The first wave count is bearish for the bigger...
by Lara | Dec 24, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 24, 2020 The last session for the week ended strongly lower, with price closing at the low for the session. All Elliott wave counts remain valid. Price is still within a consolidation zone. Summary:...
by Lara | Dec 3, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 3, 2020 For the short term, a little more upwards movement was expected, which is what has happened so far. Summary: The first wave count is bearish for the bigger picture, and it has a main and an...
by Lara | Nov 10, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 10, 2020 A small range inside day looks most likely to be a pause after yesterday’s strong downwards day. Alternate Elliott wave counts still have a higher probability. Summary: The strength of...
by Lara | Oct 19, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 19, 2020 Price remains range bound within parallel trend lines. All three Elliott wave counts remain the same. Summary: The first and second Elliott wave counts expect upwards movement to 2,160. A...
by Lara | Sep 22, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 22, 2020 A target is calculated from the width of the triangle. Summary: A target calculated from the classic symmetrical triangle pattern is at 1,712. The first Elliott wave count has a target at...
by Lara | Aug 31, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 31, 2020 A very little upwards movement remains within the consolidation zone. Summary: The pullback may be over. The upwards trend may resume. Alternatively, price may continue sideways for a few more...
by Lara | Aug 7, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 7, 2020 A strong Bearish Engulfing candlestick at the end of the week suggests a third wave may have completed. Summary: A consolidation or pullback may have begun at Friday’s high, which may last...
by Lara | Jul 16, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 16, 2020 Price remains above support at prior resistance. Today two specific price points are given to indicate a trend change. Summary: The upwards trend may still remain intact. The next target is at...