
Technical analysis of WisdomTree Physical Gold (Milano) (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
WisdomTree Physical Gold is a financial instrument listed on the Italian Stock Exchange (Milan) that tracks the performance of physical gold. The product provides investors with exposure to the gold price through a stock exchange-traded vehicle.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
356.95 €
−0.75%
50 sessions
342.14 €
+3.55%
200 sessions
360.60 €
−1.75%
s2
350.91
Support
s1
355.18
Support
pivot
357.43
Pivot
r1
361.70
Resistance
r2
363.95
Resistance
In the September 4, 2026 session WisdomTree Physical Gold (Milano) closed lower at 354.28 €, −1.44% versus the previous session.
The price sits mixed against its moving averages: −0.75% against the 21-session average, +3.55% against the 50 and −1.75% against the 200.
The 14-period RSI reads 51.5, in neutral territory.
MACD stands at 3.741 against a signal line at 5.307: the histogram is negative (−1.565).
ADX reads 21.4, indicating weak directionality.
Levels computed on the latest session place supports at 355.18 and 350.91 € and resistances at 361.70 and 363.95 €, around a pivot of 357.43.
The average daily range (ATR) is 6.747 €, or 1.90% of price.
Turnover was 9.6K shares, 117% of the 20-session average.
Over the last twelve months the price ranged between 321.69 and 417.68 €, and today stands −15.18% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is WisdomTree Physical Gold (Milano) analysed technically?
Technical analysis of WisdomTree Physical Gold (Milano) is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for WisdomTree Physical Gold (Milano)?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to WisdomTree Physical Gold (Milano)?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to WisdomTree Physical Gold (Milano) it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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