by Lara | Mar 3, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 3, 2020 Upwards movement remains below the invalidation point on the daily chart, but it breached the short-term invalidation point on the hourly chart. Summary: The bear market may have resumed for Gold...
by Lara | Feb 28, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 28, 2020 A strong bearish engulfing pattern on the weekly chart has strong support from volume. This indicates a high is in place for Gold. Summary: The bear market may have resumed for Gold to...
by Lara | Feb 28, 2020 | US Oil
US OIL: Elliott Wave and Technical Analysis | Charts – February 28, 2020 Downwards movement has broken below support. Both the main and alternate Elliott wave counts are reanalysed to accept a downwards breakout. The invalidation point for the alternate Elliott...
by Lara | Feb 26, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 26, 2020 A sideways day leaves both Elliott wave counts essentially the same. A small range real body on today’s candlesticks, with long upper and lower wicks, indicates a balance of bulls and...
by Lara | Feb 21, 2020 | Silver
SILVER: Elliott Wave and Technical Analysis | Charts – February 21, 2020 Both a bearish main wave count and a bullish wave count expected upwards movement for this week, which is exactly what has happened. Summary: The target for upwards movement to end is still...
by Lara | Feb 21, 2020 | US Oil |
US OIL: Elliott Wave and Technical Analysis | Charts – February 21, 2020 Upwards movement has continued for another week exactly as expected. The main wave count still has the same target and expects a breakout from this consolidation to be downwards, when the...
by Lara | Feb 20, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 20, 2020 Upwards movement has continued today towards the targets. Targets for a bullish and a bearish Elliott wave count are close together. Summary: The target is about 1,626 to 1,630. Conditions...
by Lara | Feb 17, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 17, 2020 New York is closed for Washington’s Birthday. A very small range inside day leaves the analysis unchanged. Summary: Downwards movement may resume with strength this week. A new low below...
by Lara | Feb 15, 2020 | Silver
SILVER: Elliott Wave and Technical Analysis | Charts – February 14, 2020 A downwards week closes green and sees price remain again above the short-term invalidation point and within the channel. Summary: The target for upwards movement to end is still at 21.375....