by Lara | Jan 6, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 6, 2021 A strong downwards session completes an Evening Star reversal pattern, which has support from volume. Both Elliott wave counts remain valid and both scenarios must be considered. Summary: The...
by Lara | Dec 11, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 11, 2020 Again, a small range inside day leaves the Elliott wave count unchanged. A new alternate hourly Elliott wave count is provided. Summary: The first wave count is bearish for the bigger...
by Lara | Nov 19, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 19, 2020 Price is again at support. The alternate Elliott wave counts expect a downwards breakout. Summary: The strength of downwards movement strongly favours the alternate Elliott wave counts. They...
by Lara | Oct 28, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 28, 2020 Downwards movement today broke below support invalidating the main Elliott wave count at the hourly chart time frame. Four Elliott wave counts are used today, two bullish and two bearish....
by Lara | Oct 1, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 1, 2020 The first and second Elliott wave counts have expected upwards movement, which is what has happened. Summary: The first and second Elliott wave counts now expect upwards movement to 2,160. A...
by Lara | Sep 9, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 9, 2020 The triangle continues to move sideways. Both Elliott wave counts remain the same. Summary: The pullback may be over. The upwards trend may resume. The next target is now at 2,180. However, a...
by Lara | Aug 18, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 18, 2020 Upwards movement continues as the first and second Elliott wave counts expect. An alternate Elliott wave count remains bearish. Summary: The pullback may be over. The upwards trend may resume....
by Lara | Jul 27, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 27, 2020 Upwards movement continues as expected. Both Elliott wave counts remain the same. Gold has made a new all time high today leaving only two monthly long-term wave counts valid. Summary: The next...
by Lara | Jul 3, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 3, 2020 A very small range day leaves all three Elliott wave counts the same. Summary: While price remains above 1,759.10, assume the upwards trend remains intact and use the main Elliott wave count. The...