by Lara | Aug 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 5, 2021 Downwards movement was expected to continue for both Elliott wave counts, which is exactly what is happening. The short-term invalidation point may be moved lower. Summary: Both the main and...
by Lara | Jul 14, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 14, 2021 Upwards movement was expected. Summary: A bounce may continue for a few more days now. A target for resistance is at 1,853 to 1,855. When this bounce may be complete, then a very strong downwards...
by Lara | Jun 22, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 22, 2021 The main Elliott wave count has expected upwards movement to resume. A higher high and a higher low overall fits this expectation. Summary: The main wave count expects the upwards trend may now...
by Lara | May 31, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 31, 2021 With New York closed today, Gold moved sideways in a very small range. The Elliott wave counts remain the same. Summary: The main wave count is bullish. A short-term target is at 1,987. The...
by Lara | Apr 19, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 19, 2021 Price continues higher overall towards a short-term target on the first Elliott wave count. Summary: The first wave count is bearish for the bigger picture and classic technical analysis...
by Lara | Mar 11, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 11, 2021 Upwards movement today found resistance at the upper edge of the channel on the first hourly chart. Price remains well below the short-term invalidation point. Summary: The first wave count is...
by Lara | Feb 17, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 17, 2021 Another strong downwards day fits the first bearish Elliott wave count, which has expected an increase in downwards momentum this week. Price is approaching the first short-term target for...
by Lara | Jan 26, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 26, 2021 A small range inside day leaves both Elliott wave counts unchanged. With price not having made a lower low or higher high, both Elliott wave counts remain valid and the situation remains...
by Lara | Dec 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 30, 2020 A small range upwards day with light volume fits short-term expectations from yesterday’s analysis. Summary: For the short term, a small pennant pattern may be forming. A close above...
