Urgent Elliott Wave update on Gold

When we use Elliott Wave Analysis in real time, there are warning signs on the way that tell us that perhaps we are on the wrong track. For example, the three wave rally to 1920 that I originally labelled as an irregular B wave should have been followed by a five wave...

Outlook for Gold – Elliott Wave Approach

Now that we have traded below 1835, many people are anxious to know how far it will go down. Like always, I prefer to ‘show’ you my analysis! There are two charts presented here. The first chart gives you an overview of the bigger picture, and identifies two...

Elliott Wave Analysis of Gold

One of the key reasons why Elliott Wave Analysis scores over other approaches to the market is because you are able to tell with a reasonable degree of confidence ‘where’ we are in the market’s progression. Just as we were able to identify a sizeable decline in Gold...

Technical Analysis of Gold

Gold came off from near the 1895/1925 window, and for a brief while it looked like the recovery from near 1815 will indeed take us back towards the highs. But the recovery couldn’t be sustained. This is why I was warning you to be very careful during that recovery....

Elliott Wave Analysis of Gold

There are many urgent voices asking for an Elliott Wave update on Gold. As you know, I have warned readers here not to be short of this commodity because no matter what your projected targets are for the end of a fifth wave, it could just keep going if it were...

Crude Oil outlook

Hello folks, It has been a busy few weeks as I was spending all my evenings putting together my book. Almost done, now! Between, I noticed that Crude Oil came quite close to the target of $71. Remember we have been bearish on this from the time it was around 110?...