by Lara | Jun 12, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 12, 2020 A very small range day, which moved price slightly lower, leaves all three Elliott wave counts the same. Summary: For the short term, upwards movement may end about 1,752 and thereafter downwards...
by Lara | May 21, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 21, 2020 A strong downwards day remains above the short-term Elliott wave invalidation and confidence point. All Elliott wave counts remain valid. Summary: The target is at 1,980. This target is valid only...
by Lara | Apr 29, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 29, 2020 Another small range downwards day was expected by the main Elliott wave count, but the alternate Elliott wave count remains valid. Summary: The bounce may now be over. A target for the bullish...
by Lara | Apr 7, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 7, 2020 On Barchart data price has not made a new high although on StockCharts data it has. The main Elliott wave count remains the same. An alternate is provided. Summary: The bounce is expected to be...
by Lara | Mar 16, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – March 16, 2020 A short-term target for a bounce to begin about 1,464 was met and exceeded by 10.74 before the bounce began. Support identified was in a zone 1,450 to 1,455. It may have been found at 1,453.26....
by Lara | Feb 21, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – February 21, 2020 Upwards movement continued as expected, although the targets at 1,626 to 1,630 were inadequate. Summary: New targets are at 1,719 (bear wave count) or 1,834 (bull wave count). Conditions are...
by Lara | Jan 29, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 30, 2020 Upwards movement was expected for this week and so far that is what is happening. Summary: Upwards movement may continue this week. Targets are 1,626 (main bear count) or 1,635 then 1,693...
by Lara | Jan 8, 2020 | Gold |
GOLD: Elliott Wave and Technical Analysis | Charts – January 8, 2020 Today’s huge Bearish Engulfing candlestick with a long upper wick supports the main Elliott wave count. Summary: A consolidation to last about two weeks and find support about the lower...
by Lara | Nov 26, 2019 | Gold |
Downwards movement was expected to continue. A lower low and a higher high completes an outside day, which overall fits expectations. Price remains below the short-term Elliott wave invalidation point. Summary: The downwards trend may resume. The Elliott wave target...