by Lara | Aug 10, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 10, 2021 A small range inside day leaves both Elliott wave counts essentially the same today. Classic technical analysis still favours the bearish Elliott wave count. Summary: The wave counts are named...
by Lara | Jul 19, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 19, 2021 The upwards sloping channel on the daily Elliott wave charts is today breached by downwards movement. The lower edge of this channel may now provide resistance for a back test. Elliott wave...
by Lara | Jun 25, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 25, 2021 Price has been moving sideways all week. A fourth wave triangle may have ended. This fits the alternate Elliott wave count for the short term best. Summary: The main wave count expects the...
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...
