by Lara | Nov 24, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 24, 2020 Downwards movement continues as the main Elliott wave count expects. Summary: The first wave count is bearish for the bigger picture, and it has a main and an alternate daily chart. The main...
by Lara | Nov 10, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 10, 2020 A small range inside day looks most likely to be a pause after yesterday’s strong downwards day. Alternate Elliott wave counts still have a higher probability. Summary: The strength of...
by Lara | Nov 4, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 4, 2020 Price is range bound with resistance about 1,940 and support about 1,850. Main and alternate Elliott wave counts are used to consider both breakout directions, with classic technical analysis...
by Lara | Nov 2, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 2, 2020 Upwards movement breached short-term hourly invalidation points. The daily Elliott wave counts remains the same. Summary: The first wave count is bearish for the bigger picture, and it has a...
by Lara | Oct 19, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 19, 2020 Price remains range bound within parallel trend lines. All three Elliott wave counts remain the same. Summary: The first and second Elliott wave counts expect upwards movement to 2,160. A...
by Lara | Oct 13, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 13, 2020 Downwards movement has found support about the lower edge of two channels on daily and hourly charts. Summary: The first and second Elliott wave counts expect upwards movement to 2,160. A...
by Lara | Oct 9, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 9, 2020 Overall, all three Elliott wave counts have expected upwards movement this week. All three Elliott wave counts remain valid. Summary: The first and second Elliott wave counts expect upwards...
by Lara | Oct 8, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 8, 2020 Three Elliott wave counts at the daily chart level have all converged to expect the same direction for the short term. Summary: For the very short term, a pullback may continue overall for...
by Lara | Oct 6, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 6, 2020 For the very short term, a little more upwards movement above 1,918.19 was expected before a deep pullback. The pullback is deeper than expected, but it remains within a channel on the daily...