by Lara | May 15, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 15, 2020 A new high invalidates the first two Elliott wave counts and provides confidence in the second. Only two Elliott wave counts now remain valid. Summary: The target is at 1,795 (bull) or 1,980...
by Lara | Apr 23, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 23, 2020 Upwards movement was expected to continue for the short term to a target at 1,725. Upwards movement has reached to 1,737.29 so far. Summary: The bounce may now be over. A target for the bullish...
by Lara | Apr 1, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 1, 2020 A small shallow bounce remains below the short term invalidation point and continues the Elliott wave structure as expected. Summary: The next target is at 1,237. Risk may now be moved down to...
by Lara | Mar 10, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 10, 2020 The target remains the same, but some weakness suggests it may be a little too high. A new alternate wave count today is considered. Summary: A target for upwards movement to end is at 1,736....
by Lara | Feb 17, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 17, 2020 New York is closed for Washington’s Birthday. A very small range inside day leaves the analysis unchanged. Summary: Downwards movement may resume with strength this week. A new low below...
by Lara | Jan 24, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 24, 2020 Both Elliott wave counts expected upwards movement this week, which is what has happened. Summary: Upwards movement may continue next week. Targets are 1,626 (main bear count) or 1,635 then...
by Lara | Dec 30, 2019 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – December 30, 2019 Upwards movement continues as both the main and alternate Elliott wave counts expect. The wave counts see the same structure unfolding and the same direction expected, but targets are...
by Lara | Nov 20, 2019 | Gold |
The bounce has continued a little higher, remaining below the short-term invalidation point and coming up to almost touch the lower triangle trend line. Summary: The bounce may now be over and the downwards trend may resume. Price is almost right at the lower triangle...
by Lara | Oct 29, 2019 | Gold |
Price remains range bound. The ascending triangle remains valid. Summary: For the very short term, a new low below 1,481.55 would add confidence in a more bearish outlook. The target would be at 1,348. For the very short term, a new high above 1,516.65 would add some...
