by Lara | Mar 24, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 24, 2021 Another downwards day has completed although the candlestick closed green. Both Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture and classic...
by Lara | Mar 22, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 22, 2021 An outside day remains below the short-term Elliott wave invalidation point and sees price break below a short-term channel on the hourly chart. Summary: The first wave count is bearish for the...
by Lara | Mar 8, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 8, 2021 Downwards movement continues towards the next target. Summary: The first wave count is bearish for the bigger picture and classic technical analysis supports this view. This wave count expects a...
by Lara | Mar 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 2, 2021 Another downwards day fits both Elliott wave counts for the short term. It is at this point that the two Elliott wave counts again begin to diverge. Summary: The first wave count is bearish for...
by Lara | Feb 26, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 26, 2021 Downwards movement continues as expected for the first preferred Elliott wave count. Summary: The first wave count is bearish for the bigger picture and has only one daily chart. This wave...
by Lara | Feb 15, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 15, 2021 A very small range inside day today leaves the analysis the same. Summary: The first wave count is bearish for the bigger picture and has only one daily chart. This wave count expects a...
by Lara | Feb 12, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 12, 2021 An inside week leaves all Elliott wave counts unchanged at the weekly and daily chart level. Both bull and bear scenarios remain valid. An open mind is still required. Summary: The first wave...
by Lara | Feb 8, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 8, 2021 Upwards movement for Monday remains below the short-term invalidation point on the first main hourly Elliott wave count. Summary: The first wave count is bearish for the bigger picture and has...
by Lara | Feb 4, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 4, 2021 Strong downwards movement has been expected this week for the first Elliott wave count, and Thursday’s session fits this expectation. An increase in downwards momentum was expected....