by Lara | Dec 7, 2019 | Gold
GOLD: Elliott Wave and Technical Analysis | Video – December 6, 2019...
by Lara | Dec 6, 2019 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 6, 2019 The downwards trend may have resumed with a strong downwards day on Friday, although for the very short term a little more upwards movement was expected but did not happen. Overall, for the...
by Lara | Nov 11, 2019 | Gold
Price continues lower as the main Elliott wave count expected. Summary: The Elliott wave target is at 1,348. A target calculated from the adjusted triangle is about 1,431. For the very short term, a new high above 1,514.29 would add some confidence in a more bullish...
by Lara | Oct 18, 2019 | Gold
A small range inside week leaves all three Elliott wave counts valid. At the end of the week, a classic pennant pattern looks to be forming. The flag pole is used to calculate a target. Summary: A downwards breakout may happen next week. A new low below 1,456.64 would...
by Lara | Sep 26, 2019 | Gold
More downwards movement was expected. Price has moved very slightly lower to complete a small range day, which remains well below the short-term invalidation point. Summary: A short-term target may now be at 1,464 or 1,420. A classic analysis target using the flag...
by Lara | Sep 4, 2019 | Gold
A small range upwards day has failed to close above resistance and exhibits a decline in volume. Three Elliott wave counts now remain valid. Summary: Price remains range bound and volume suggests a downwards swing to support may begin here. The upwards trend remains...
by Lara | Aug 13, 2019 | Gold
The first target given in yesterday’s analysis on the hourly chart was at 1,532. Price reached 1,533.24 and then turned sharply down. Summary: There is an upwards trend in place that is very extreme. Conditions are overbought. This can continue while price moves...
by Lara | Jul 22, 2019 | Gold
A very small range inside day leaves the Elliott wave counts unchanged. Summary: A sharp reversal and bearish candlestick pattern on the daily chart puts the breakout in some doubt. Both bullish and bearish Elliott wave counts remain valid. The bearish case has some...
