by Lara | Dec 12, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 12, 2019 Upwards movement within the last session was quickly reversed. Price and On Balance Volume both turned down from resistance and remain range bound. Summary: The downwards trend may resume to...
by Lara | Dec 11, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 11, 2019 Upwards movement today remains within a trading range and below the short-term invalidation point. A flag pattern may be completing. Summary: The downwards trend may resume to new lows. The...
by Lara | Dec 10, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 10, 2019 Two small range days in a counter trend direction look so far like a small counter trend bounce. The target calculated from the triangle pattern remains the same. Summary: The downwards trend...
by Lara | Dec 9, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 9, 2019 A very small range inside day leaves the Elliott wave counts the same. Summary: The downwards trend may resume to new lows. The Elliott wave target is at 1,348. A target calculated from the...
by Lara | Dec 6, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 6, 2019 The downwards trend may have resumed with a strong downwards day on Friday, although for the very short term a little more upwards movement was expected but did not happen. Overall, for the...
by Lara | Oct 23, 2017 | Gold |
With an invalidation of the main hourly Elliott wave count below 1,276.10, the alternate hourly Elliott wave count now has confidence. Summary: A consolidation for a B wave should complete this week. Short term upwards movement should reach a minimum of 1,302.74....
by Lara | Sep 18, 2017 | Gold |
With price closing below a long term bear market trend line, the analysis is today again changed. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,300 to 1,297. This downwards swing may go as low as 1,170 to...
by Lara | Aug 1, 2017 | Gold |
Upwards movement continues as expected. A downwards whipsaw breached the invalidation point on the hourly chart, which was too close. Summary: The target is 1,277. Use the blue Elliott channel on the daily and hourly charts to indicate when price has turned. Expect...
by Lara | Jun 29, 2017 | Gold |
Gold remains within the consolidation zone after another day of essentially sideways movement, which was expected. Summary: A downwards breakout from this consolidation may now come within the next 24 hours. A new low now below 1,240.17 would indicate price may be...
