by Lara | Jul 30, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 30, 2021 An inside day on Friday leaves both Elliott wave counts unchanged. Short-term targets are given for a bounce next week; a short-term price point is indicated, which would indicate the bounce may...
by Lara | Jul 8, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 8, 2021 Lower or sideways movement was expected to unfold from here. An outside day that has closed red overall fits the expectation. Summary: A multi-week to multi-month bounce may have begun. A target...
by Lara | Jun 16, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 16, 2021 A strong downwards session changes both Elliott wave counts. A Fibonacci ratio is used to identify potential support. Summary: Both wave counts now expect more downwards movement to end possibly...
by Lara | May 25, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 25, 2021 An Elliott wave triangle was expected to end within 24 hours and an upwards breakout was expected to follow, which is exactly what happened. The triangle ended slightly short of the lower trend...
by Lara | May 7, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 7, 2021 Upwards movement this week supports the second Elliott wave count, and support from volume for upwards movement offers technical support to the second Elliott wave count. The price point which...
by Lara | Apr 13, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 13, 2021 An outside session closes green with support from volume. Two short-term Elliott wave counts are considered for tomorrow’s session. Summary: The first wave count is bearish for the bigger...
by Lara | Mar 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 5, 2021 All week price has continued to fall, although momentum has slowed. The first wave count continues to be preferred. The target is getting closer. Summary: The first wave count is bearish for the...
by Lara | Feb 11, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 11, 2021 Downwards movement was expected for the first Elliott wave count for the short term. Summary: The first wave count is bearish for the bigger picture and has only one daily chart. This wave...
by Lara | Jan 20, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 20, 2021 A new alternate weekly chart is considered today for the second Elliott wave count. Today, for the short term, both Elliott wave counts expected some more upwards movement. Summary: The first...