by Lara | Aug 3, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 3, 2021 A small range sideways day leaves both Elliott wave counts the same. Summary: Both the main and alternate Elliott wave counts expect downwards movement to a target at 1,731 or 1,568. Grand...
by Lara | Jul 12, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 12, 2021 Sideways movement continues. Summary: A multi-week to multi-month bounce may continue. A target for resistance is now at 1,853 to 1,855. Wave B may now be complete. Wave C may now move higher...
by Lara | Jun 18, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 18, 2021 A new target from yesterday’s analysis at 1,760 has almost been met. Two Elliott wave counts are used at the end of this week. Summary: The main wave count expects a final low may be about...
by Lara | May 27, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 27, 2021 A small range day moves price slightly lower. This was expected for the very short term. Summary: The main wave count is bullish. A short-term target is at 1,987. The longer-term target is at...
by Lara | Apr 15, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 15, 2021 Upwards movement validated the alternate daily Elliott wave count. Summary: The first wave count is bearish for the bigger picture and classic technical analysis supports this view. This wave...
by Lara | Mar 9, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 9, 2021 A little upwards movement was expected for the short term to a likely target at 1,706. Price has moved higher than expected but remains well below the short-term invalidation point. Summary: The...
by Lara | Jan 22, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 22, 2021 The week ended with a downwards session, which was expected for the short term. Both Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture and has...
by Lara | Dec 28, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 28, 2020 Price has closed back within the channel on the daily chart. Both Elliott wave counts remain the same. Summary: The first wave count is bearish for the bigger picture and has only one daily...
by Lara | Dec 4, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 4, 2020 A slight new high was expected for Friday, which is what has happened. The longer-term Elliott wave count remains the same. Summary: The first wave count is bearish for the bigger picture, and...