by Lara | Feb 3, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 3, 2021 Price is still within a consolidation zone, but overall has moved lower with lower lows and lower highs since August 2020. This fits the first Elliott wave count best, but the second Elliott...
by Lara | Jan 8, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 8, 2021 Another strong downwards week after price remained just below the invalidation point favours the first Elliott wave count. Both Elliott wave counts remain valid. An open mind and objective...
by Lara | Dec 15, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – December 15, 2020 An upwards day remains below the short-term invalidation point, within the channel and below resistance. Upwards movement today lacks support from volume. The Elliott wave counts remain the...
by Lara | Nov 23, 2020 | Gold, Gold Historical
GOLD: Elliott Wave and Technical Analysis | Charts – November 23, 2020 Price has broken below support. For the first Elliott wave count, the main and alternate daily charts are swapped over now that price has indicated which is most likely. Today monthly charts...
by Lara | Oct 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 30, 2020 A small bounce remains below the short-term invalidation points. All four Elliott wave counts remain valid. Summary: The first wave count is bearish for the bigger picture, and it has a main...
by Lara | Oct 5, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 5, 2020 The next target remains the same. The main Elliott wave count has expected upwards movement, which is unfolding. Summary: The first and second Elliott wave counts now expect upwards movement to...
by Lara | Sep 11, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 11, 2020 All week price has continued to move sideways within a triangle pattern. Main and alternate Elliott wave counts consider both possible breakout directions. Summary: The pullback may be over....
by Lara | Aug 20, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 20, 2020 Upwards movement was expected. After a very slight new low, this is how the session continued. The Elliott wave counts remain the same. Summary: The pullback may be over. The upwards trend may...
by Lara | Jul 29, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 29, 2020 An inside day leaves both Elliott wave counts the same. Summary: The next target is at 1,984 for a third wave to end. It may end in the next one to three sessions. If price reaches this target...