by Lara | Aug 18, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 18, 2021 A small range day fits expectations for the preferred Elliott wave count, but a lack of range suggests a short-term alternate Elliott wave count should be considered. Summary: Both Elliott wave...
by Lara | Aug 16, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 16, 2021 Price remains within the channel on the hourly charts and below the invalidation point for the bearish Elliott wave count. Both Elliott wave counts remain valid. Summary: Both Elliott wave...
by Lara | Aug 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 2, 2021 A new low below 1,806.79 indicates the Elliott wave counts expect a high is in place. Downwards targets may now be used. Summary: Both the main and alternate Elliott wave counts expect downwards...
by Lara | Jul 27, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 27, 2021 Price has been moving slowly lower since the 15th of July. Three Elliott wave counts are considered today. Summary: The main wave count now has a target for a downwards wave at 1,732 and an...
by Lara | Jul 23, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 23, 2021 Downwards movement was expected from both Elliott wave counts. Summary: The main wave count now has a target for a downwards wave at 1,732 and an invalidation point at 1,677.64. The alternate...
by Lara | Jul 9, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 9, 2021 An inside day continues sideways movement. Either a pullback or a consolidation was expected for this week; overall, sideways movement fits expectations. The Elliott wave count now focusses on...
by Lara | Jul 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 5, 2021 Both Elliott wave counts have been expecting upwards movement, which is exactly how the new week has begun. Summary: A multi-week to multi-month bounce may have begun. A target for resistance is...
by Lara | Jul 1, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 1, 2021 Last analysis expected both Elliott wave counts to see upwards movement today, which is exactly what happened. Both Elliott wave counts remain the same and their targets are the same. Summary: A...
by Lara | Jun 17, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 17, 2021 Further downwards movement was expected to 1,768.47. The low for this session was at 1,769.89, just 1.42 short of the expectation. A new alternate Elliott wave count is considered today. Summary:...
