by Lara | Sep 22, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 22, 2020 A target is calculated from the width of the triangle. Summary: A target calculated from the classic symmetrical triangle pattern is at 1,712. The first Elliott wave count has a target at...
by Lara | Sep 16, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 16, 2020 Price remains constrained within triangle trend lines, but On Balance Volume has broken out, which may indicate the direction for a breakout from price to come soon. Summary: On Balance...
by Lara | Sep 14, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 14, 2020 Price has still not broken out of a triangle pattern. Elliott wave counts are considered for both possible breakout directions. Summary: The pullback may be over. The upwards trend may...
by Lara | Aug 31, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 31, 2020 A very little upwards movement remains within the consolidation zone. Summary: The pullback may be over. The upwards trend may resume. Alternatively, price may continue sideways for a few more...
by Lara | Aug 25, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 25, 2020 A very small range day leaves the Elliott wave analysis the same. Today a new structure is considered for a fourth wave, which aligns with a possible Pennant pattern. Summary: The pullback may...
by Lara | Aug 21, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 21, 2020 The week ends sideways to complete a doji for the weekly candlestick. All three daily Elliott wave counts remain valid. Summary: The pullback may be over. The upwards trend may resume. The next...
by Lara | Aug 7, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 7, 2020 A strong Bearish Engulfing candlestick at the end of the week suggests a third wave may have completed. Summary: A consolidation or pullback may have begun at Friday’s high, which may last...
by Lara | Aug 3, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 3, 2020 A slight new high and a small range red daily candlestick fit both Elliott wave counts. Summary: The target at 1,984 for a third wave to end may not be met. Intermediate wave (3) may be over. A...
by Lara | Jul 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 30, 2020 Today this analysis tentatively suggests a blow off top may be over. A channel and Fibonacci ratios are used to indicate where support may currently be found. Summary: The target at 1,984 for a...
