by Lara | Jun 3, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2020 A new low today below 1,693.39 shifts focus from a bullish target to a bearish target. Summary: Expect continuing downwards movement to at least 1,362. Further confidence in a downwards trend may...
by Lara | Jun 2, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 2, 2020 Sideways movement has now continued for three weeks. All three Elliott wave counts remain the same. Summary: Upwards movement here is still expected because we should assume the trend remains the...
by Lara | Jun 1, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 1, 2020 Both price and On Balance Volume are range bound. A breakout from either would signal the next trend direction. Summary: Upwards movement here is still expected because we should assume the trend...
by Lara | May 30, 2020 | Silver
SILVER: Elliott Wave and Technical Analysis | Charts – May 29, 2020 The first upper invalidation point was breached. An alternate Elliott wave count now looks more likely. Summary: The main wave count now expects new highs substantially above 49.752 in coming...
by Lara | May 29, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – May 29, 2020 Upwards movement continues as price remains within a short-term channel. The channel will be used to indicate when a pullback may have arrived. Summary: Oil may have found a major sustainable...
by Lara | May 28, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 28, 2020 Price remains range bound and all three Elliott wave counts remain valid at the daily chart level. Summary: The target is at 1,980. This target is valid only while price remains above 1,693.39. If...
by Lara | May 26, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 26, 2020 A strong downwards day remains above the short-term invalidation point and all Elliott wave counts remain valid. If price keeps falling here, then only two Elliott wave counts may remain. Summary:...
by Lara | May 20, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 20, 2020 Another small range day closes red. Price has moved higher but only slightly. Price remains between Elliott wave invalidation points. Summary: The target is at 1,980. This target is valid only...
by Lara | May 18, 2020 | Silver
SILVER: Elliott Wave and Technical Analysis | Charts – May 15, 2020 Upwards movement remains below the mid-term Elliott wave invalidation point, but the daily chart has been invalidated. Two new wave counts are considered for Silver. Summary: A breakout from a...
