by Lara | Feb 9, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 9, 2021 A little more upwards movement remains below the short-term invalidation point on the first hourly chart. Today’s candlestick completes a three candlestick pattern. Summary: The first...
by Lara | Jan 18, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 18, 2021 A small range inside day while New York is closed leaves the Elliott wave counts mostly unchanged. Summary: The first wave count is bearish for the bigger picture and has only one daily chart....
by Lara | Dec 21, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 21, 2020 An outside day closed strongly lower, with price closing back within the channel on the daily chart. The Elliott wave counts remain the same. Summary: The first wave count is bearish for the...
by Lara | Nov 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 30, 2020 Downwards movement continues as both the first and second Elliott wave counts expected. Price is now very close to the invalidation point for the alternate Elliott wave count. Summary: The...
by Lara | Nov 5, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 5, 2020 A new high above 1,929.99 added confidence in a bullish upwards breakout. After this price point was breached, price has continued to rise. Summary: The first wave count is bearish for the...
by Lara | Oct 14, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 14, 2020 Downwards movement again remains almost completely within a channel on the hourly charts. A new alternate Elliott wave count is considered today. Summary: The first and second Elliott wave...
by Lara | Sep 17, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 17, 2020 There has still been no breakout from the triangle. Two Elliott wave counts consider both possible breakout directions. Summary: On Balance Volume suggests an upwards breakout from the...
by Lara | Aug 26, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 26, 2020 A sharp spike lower remained above the short-term invalidation point on the hourly charts. It was then followed by upwards movement, which was expected. Summary: The pullback may be over. The...
by Lara | Aug 4, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 4, 2020 Price has continued higher. Two targets were given to be used in the event of continuing upwards movement. The first target at 1,984 has been met and passed. The next target is now used....
