by Lara | Aug 11, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 11, 2021 A breach of the short-term channel on the hourly chart suggests either a bounce or a trend change has occurred. A small target zone is calculated for the preferred Elliott wave count. Summary:...
by Lara | Jul 20, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 20, 2021 A small bounce was expected for Tuesday to about 1,818.74. The bounce reached 1,823.69 before price turned sharply lower. Price has remained well below the short-term Elliott wave invalidation...
by Lara | Jun 28, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 28, 2021 Further sideways movement leaves both Elliott wave counts the same. Summary: The main wave count expects the upwards trend may now resume to a new target at 2,147. A new low below 1,677.64 would...
by Lara | Jun 4, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 4, 2021 More downwards movement was expected to end about 1,854 to 1,845, but the target zone was too low. Downwards movement ended at 1,861.17 before a strong reversal closed the candlestick for Friday...
by Lara | May 13, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 13, 2021 Another downwards session remains above the short-term invalidation point for the second Elliott wave count, and fits both Elliott wave counts. Summary: The first wave count now expects the bounce...
by Lara | Apr 23, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 23, 2021 Downwards movement was expected for Friday and this is exactly what has happened. A target on the first Elliott wave count this week for a bounce to end was at 1,803. Price reached 5.72 short of...
by Lara | Mar 17, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 17, 2021 Stockcharts data today show a lower low and a lower high with a small range red daily candlestick. However, BarChart data show an outside day closing green with a new short-term high. Overall,...
by Lara | Feb 23, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 23, 2021 A small range day closes red. A lack of volume and follow through on upwards movement supports the first Elliott wave count. Summary: The first wave count is bearish for the bigger picture...
by Lara | Feb 1, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 1, 2021 A small range inside day leaves the 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...
