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 8, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 8, 2020 Another inside week completes as price continues sideways. Four Elliott wave counts remain valid. Summary: A target for the bullish wave count for a downwards wave is at 1,324. The main bearish...
by Lara | Apr 16, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 16, 2020 Yesterday the main Elliott wave count expected price to move lower, which is so far what has happened. Summary: A high may now be in place. A target for the bullish wave count for a downwards...
by Lara | Mar 25, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 25, 2020 A very small range inside day leaves the Elliott wave counts unchanged. Summary: The bounce may have ended yesterday, or it may end tomorrow. Thereafter, the downwards trend may resume. Grand...
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 10, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 10, 2020 Upwards movement has continued further. Price remains below the short-term invalidation point. ATR and volume strongly support the main Elliott wave count. Summary: A new low below 1,536.52...
by Lara | Jan 17, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 17, 2020 This week a consolidation was expected to continue. A small range week with weak volume overall fits this expectation. Summary: A consolidation to last a Fibonacci 13 sessions (and so end on...
by Lara | Dec 19, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 19, 2019 Sideways movement in a very small range for the last few sessions remains below strong resistance. On Balance Volume is squeezed and should break out very soon. Summary: The downwards trend...
by Lara | Nov 29, 2019 | US Oil
US OIL: Elliott Wave and Technical Analysis | Charts – November 29, 2019 Last week’s analysis advised members to expect a B wave to unfold for a couple of weeks or so as either a sharp downwards movement or a choppy, overlapping sideways movement. A sharp...