by Lara | Apr 6, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 6, 2021 Another upwards day with price remaining below the short-term invalidation point prompts a short-term change to the Elliott wave count. Summary: The first wave count is bearish for the bigger...
by Lara | Apr 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 5, 2021 Another small range upwards day closed as a red doji with very weak volume. The short-term volume profile continues to support the first Elliott wave count. Summary: The first wave count is...
by Lara | Apr 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 2, 2021 Today’s session was quiet. Summary: The first wave count is bearish for the bigger picture and classic technical analysis supports this view. This wave count expects a multi-year bear...
by Lara | Apr 1, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 1, 2021 Upwards movement is now just above the upper edge of a channel on daily and hourly charts. Both Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture...
by Lara | Mar 31, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 31, 2021 A strong bounce completes a Bullish Engulfing candlestick pattern, but this lacks support from volume. The first and preferred Elliott wave count did expect another bounce for a second wave to...
by Lara | Mar 30, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 30, 2021 A stronger downwards day exactly fits expectations for the first Elliott wave count, which is judged to have more support from classic technical analysis. Summary: The first wave count is...
by Lara | Mar 29, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 29, 2021 Downwards movement today fits expectations for the first Elliott wave count. Summary: The first wave count is bearish for the bigger picture and classic technical analysis supports this view....
by Lara | Mar 26, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 26, 2021 Price has mostly moved sideways all week. The short-term volume profile supports the first Elliott wave count. Summary: The first wave count is bearish for the bigger picture and classic...
by Lara | Mar 25, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 25, 2021 An outside day closes red. The first hourly Elliott wave count still has a better fit than the second, but both remain valid at this stage Summary: The first wave count is bearish for the bigger...
