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...
by Lara | Oct 27, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – October 27, 2020 Price remains range bound with resistance about 1,940 and support about 1,880. A breakout is required for confidence in the next trend direction. Three daily Elliott wave counts consider three...
by Lara | Sep 30, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 30, 2020 A very small range day leaves all Elliott wave counts unchanged as price remains below the short-term invalidation point for the alternate Elliott wave count. Summary: The first and second...
by Lara | Sep 8, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – September 8, 2020 A signal today from On Balance Volume for GDX suggests the breakout direction from the triangle. Gold may also follow in this direction. Summary: The pullback may be over. The upwards trend...
by Lara | Aug 17, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – August 17, 2020 Upwards movement to begin the new week was expected from all Elliott wave counts. Summary: The pullback may be over. The upwards trend may resume. Alternatively, it is possible that a wide...
by Lara | Jul 24, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 24, 2020 Upwards movement continues towards targets. This week targets are recalculated. Summary: A new target is at 1,984 for a third wave to end, which may end with strength. A classic analysis target...
by Lara | Jul 2, 2020 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – July 2, 2020 Price moved lower but remains within a small short-term channel. All three Elliott wave counts remain valid. Summary: While price remains above 1,759.10, assume the upwards trend remains intact...
