Elliott Wave analysis benefits a short term trader in XAU/USD

Below is an example of how I helped a short term trader in cash GOLD. Elliott Waves works just as well in the short term as in the medium to long term. It all depends on which cycle you are trading. The following is one of the charts that I had sent my client on 30...

Elliott Wave Analysis of Gold

Ramki’s Elliott Wave Analysis of Gold has been posted in MarketWatch, a Wall Street Journal publication Here is the link again: http://www.marketwatch.com/story/gold-plunge-offers-up-short-term-trades-2013-04-16

Elliott Wave Analysis of Gold – September 2012

It is a while since I posted Elliott Wave Analysis of Gold. Septerber 2012 has started off with a a sharp rally in this precious metal and there have been persistent requests for an update. Lets look at the charts and see what clues we might get. I frequently go back...

FOMC triggers spurt in Gold price

Yesterday I had posted a short term chart in Forbes suggesting a possible correction to 1625 area. However, from just below 1650 we saw a massive rally spurred by the FOMC statement. Of course, any shorts should have been stopped out at 1665 or close to that as...

Trading Gold can be made easy

Hah! So you really think trading gold can be made easy? It certainly does look so with hind sight, as the following charts reveal. But honestly, if you learn some Elliott Wave analysis, you could have captured at least some of this move. Of course, just like trading...

Elliott Wave Comments on Gold outlook

In my 29 November Elliott Wave commentary on Gold, I suggested that Gold would probably need to come down a bit before rallying. The reason was I was looking for a much sharper recovery than what I was seeing. However, the markets just fooled me. Sure it did come off...