by Lara | May 13, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 13, 2020 A triangle may be unfolding. Two Elliott wave counts consider this possibility. Summary: A target for the bullish wave count for a downwards wave is at 1,324. The main bearish wave count expects a...
by Lara | Apr 21, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 21, 2020 Overall, analysis of Gold has expected downwards movement. A strong bounce is normal early on in a new trend. This is anticipated and Fibonacci ratios are used as targets. Summary: A high may...
by Lara | Mar 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 30, 2020 While sideways movement may be a small unfolding pennant pattern, a classic analysis target would strongly diverge from the Elliott wave count. Summary: The bounce may have ended. The next...
by Lara | Mar 6, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 6, 2020 Barchart data has made a new high at the end of Friday’s session, but Stockcharts data has not A new high invalidates the main Elliott wave count and confirms an alternate. Members were...
by Lara | Feb 13, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 13, 2020 A little more upwards movement was expected for the short term, which is exactly what has happened. The short-term target for this bounce to end remains the same. Summary: Expect for the...
by Lara | Jan 22, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 22, 2020 Signals today and yesterday from On Balance Volume support an alternate Elliott wave count. Summary: A consolidation to last a Fibonacci 13 sessions (and so end on the 27th of January) and...
by Lara | Dec 26, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 26, 2019 On the 24th of December On Balance Volume gave a bullish signal with a break above strong resistance. The bearish alternate wave count is now the main wave count. Short-term targets are...
by Lara | Nov 18, 2019 | Gold |
A small bounce remains below resistance. The Elliott wave targets remain the same. Summary: This bounce may end in one more session about 1,483. Thereafter, the downwards trend may resume. The Elliott wave target is at 1,348. A target calculated from the triangle is...
by Lara | Oct 25, 2019 | Gold |
Price remains range bound at the end of the week. All three Elliott wave counts remain valid, but volume and price now suggest the main and alternate bearish counts should be swapped over. Summary: A new high above 1,515.58 has given a little confidence to a more...
