by Lara | Aug 19, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 19, 2021 Another small range day moves price slowly lower. Both Elliott wave counts remain valid. Today a new alternate bullish Elliott wave count is considered. Summary: Both Elliott wave counts remain...
by Lara | Jul 28, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 28, 2021 An upwards session today favours the second alternate Elliott wave count from yesterday. Today both Elliott wave counts are adjusted to better fit with current movement. Summary: Both the main...
by Lara | Jul 6, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 6, 2021 Another upwards session with a higher high and a higher low fits expectations for both Elliott wave counts. Summary: A multi-week to multi-month bounce may have begun. A target for resistance is...
by Lara | Jun 14, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 14, 2021 A downwards session breached the short-term invalidation point and then price bounced up strongly from the lower edge of the channel on the daily charts. Summary: The main wave count is bullish....
by Lara | May 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 21, 2021 The week ends higher, which was expected by the main Elliott wave count. Summary: The main wave count is bullish. For the short term, a consolidation may continue sideways for another few days....
by Lara | May 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 5, 2021 An inside day with light volume supports the first Elliott wave count. Summary: The first wave count now expects a downwards trend to new lows. The second wave count expects a deep second wave...
by Lara | Apr 9, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 9, 2021 A downwards session with some increase in volume for Friday supports the first Elliott wave count, which now has a main and alternate. Price this week remains below both short-term invalidation...
by Lara | Apr 8, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 8, 2021 Further upwards movement remains below the short-term invalidation points on both the main and alternate Elliott wave counts. Summary: The first wave count is bearish for the bigger picture and...
by Lara | Apr 7, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 7, 2021 An inside day leaves the Elliott wave counts unchanged from yesterday at the daily chart level. On the hourly chart, a new limit for the short term is calculated. Summary: The first wave count is...