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...
by Lara | Dec 23, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 23, 2020 Another downwards day closes green. Price remains within a consolidation zone. Summary: The first wave count is bearish for the bigger picture and has only one daily chart. This wave count...
by Lara | Dec 2, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 2, 2020 While upwards movement remains below the short-term invalidation point, the movement is now too large to be considered a fourth wave. The degree of labelling for the last wave down is moved...
by Lara | Nov 9, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 9, 2020 A strong downwards day favours the alternate Elliott wave counts, but the low today is not quite low enough to invalidate the main Elliott wave counts and provide confidence in the alternates....
by Lara | Oct 16, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 16, 2020 Price has moved a little higher this week, but the candlestick has closed red. All three Elliott wave counts remain the same. Summary: The first and second Elliott wave counts expect upwards...
by Lara | Sep 21, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 21, 2020 Today price has broken out of the triangle to the downside. Summary: A target calculated from the classic symmetrical triangle pattern is at 1,712. The first Elliott wave count has a target...
by Lara | Aug 28, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 28, 2020 All three Elliott wave counts at the end of the week remain the same. Summary: The pullback may be over. The upwards trend may resume. Alternatively, price may continue sideways for a few more...
by Lara | Aug 6, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 6, 2020 Upwards movement continues. The target for both Elliott wave counts remains the same. Summary: The next target is at 2,175. About this target a multi-week consolidation or pullback may begin....
