by Lara | Jan 21, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 21, 2021 A short-term target for the first Elliott wave count was at 1,880. A little more upwards movement for the session reached 1,874.27. Summary: The first wave count is bearish for the bigger...
by Lara | Jan 15, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 15, 2021 Downwards movement to end the week fits the first Elliott wave count best. Both Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture and has only...
by Lara | Jan 13, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 13, 2021 A small range inside day leaves both Elliott wave counts 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 | Jan 11, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 11, 2021 A small range day to begin the new trading week leaves both Elliott wave counts valid. Volume still favours the first Elliott wave count. Summary: The first wave count is bearish for the...
by Lara | Dec 24, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 24, 2020 The last session for the week ended strongly lower, with price closing at the low for the session. All Elliott wave counts remain valid. Price is still within a consolidation zone. Summary:...
by Lara | Dec 18, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 18, 2020 Upwards movement this week so far has found resistance at the upper edge of a channel on the daily chart. Price remains within this channel and below the last swing high. Summary: The first...
by Lara | Dec 16, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 16, 2020 A smaller range upwards day has still closed below resistance. Price remains below the short-term invalidation point and within the channel. Summary: The first wave count is bearish for the...
by Lara | Dec 3, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 3, 2020 For the short term, a little more upwards movement was expected, which is what has happened so far. Summary: The first wave count is bearish for the bigger picture, and it has a main and an...
by Lara | Nov 27, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 27, 2020 The main Elliott wave counts expected price to continue lower, which is exactly what is happening. The alternate Elliott wave count has a diminishing probability; the invalidation point for...