by Lara | Mar 18, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 18, 2020 An inside day leaves the short-term picture essentially the same. Both Elliott wave counts remain valid. Summary: A bounce may have begun. It is most likely to be fairly deep. It may be either...
by Lara | Mar 16, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 16, 2020 A short-term target for a bounce to begin about 1,464 was met and exceeded by 10.74 before the bounce began. Support identified was in a zone 1,450 to 1,455. It may have been found at 1,453.26....
by Lara | Feb 25, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 25, 2020 Downwards movement today broke through a short-term channel on the hourly chart, but price remains above the Elliott wave invalidation point. Summary: Targets for a final high are either...
by Lara | Feb 21, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 21, 2020 Upwards movement continued as expected, although the targets at 1,626 to 1,630 were inadequate. Summary: New targets are at 1,719 (bear wave count) or 1,834 (bull wave count). Conditions are...
by Lara | Feb 3, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 3, 2020 Upwards movement continues. Price remains above the short-term invalidation point. Summary: Upwards movement may continue this week. Targets are 1,626 (main bear count) or 1,635 then 1,693...
by Lara | Jan 29, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 30, 2020 Upwards movement was expected for this week and so far that is what is happening. Summary: Upwards movement may continue this week. Targets are 1,626 (main bear count) or 1,635 then 1,693...
by Lara | Jan 10, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 10, 2020 Two of the three Elliott wave counts, including the preferred wave count, expected a consolidation had begun. An inside day fits this expectation. Summary: A consolidation to last either a...
by Lara | Jan 8, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 8, 2020 Today’s huge Bearish Engulfing candlestick with a long upper wick supports the main Elliott wave count. Summary: A consolidation to last about two weeks and find support about the lower...
by Lara | Dec 5, 2019 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 5, 2019 Upwards movement has halted almost right at the lower edge of a triangle trend line. The breakout had support from volume and so some confidence may still be had in it. The target remains the...
