by Lara | Jun 3, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2021 A new low below 1,885.27 indicated another fourth wave correction may have begun. Price today has found support at the lower edge of the channel on the alternate daily Elliott wave chart. Summary:...
by Lara | May 12, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – May 12, 2021 Downwards movement fits both Elliott wave counts, but on the daily chart a bearish candlestick pattern fits the first Elliott wave count. Summary: The first wave count now expects the bounce is...
by Lara | Apr 22, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – April 22, 2021 A candlestick reversal pattern favours the first Elliott wave count today. Price has almost reached the upper edge of a channel. Summary: The first wave count is bearish for the bigger picture...
by Lara | Mar 16, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – March 16, 2021 Another small range day moved price very slightly higher. Volume and range remain weak. Summary: The first wave count is bearish for the bigger picture and classic technical analysis supports...
by Lara | Feb 22, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – February 22, 2021 An upwards bounce from support today remains below the short-term invalidation point on the first bearish Elliott wave count and was expected for the second bullish Elliott wave count....
by Lara | Jan 29, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 29, 2021 A very small range week with a little upwards movement for Gold sees both Elliott wave counts remain the same. Summary: The first wave count is bearish for the bigger picture and has only one...
by Lara | Jan 5, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – January 5, 2021 Upwards movement continues towards the target calculated from the pennant pattern. Summary: A short-term target from the pennant is at 1,994. This classic pattern fits the second Elliott wave...
by Lara | Dec 11, 2020 | US Oil, US Oil Historical
US OIL: Elliott Wave and Technical Analysis | Charts – December 11, 2020 Another upwards week was expected. A target can now be calculated for the short term. Summary: An upwards trend may continue. A new short-term target is at 55.67, where a pullback or...
by Lara | Nov 18, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – November 18, 2020 Price remains above support and continues to move sideways in small range days. Both longer-term Elliott wave counts remain valid. Summary: The strength of downwards movement strongly favours...
