by Ramki | Aug 29, 2010 | Gold
When I presented my wave analysis of Gold on 25th July, we were looking for a rally from around 1157 because a 5-wave decline seemed over. I also warned to wait for the selling to start before joining in. During the month that has passed, Gold has rallied as expected,...
by Ramki | Jul 25, 2010 | Gold
Elliott Wave analysis of Gold as discussed here on 23 December 2009 had warned us to look for one final upmove once the complex correction from the prior peak at 1226 was completed. We got the move that reached 1265 on 21st June 2010. I would now like to suggest that...
by Ramki | Feb 2, 2010 | Gold
A correction can sometimes be 100% of the prior move, and this is what we seem to have got in Gold. Take a look at this chart where the Elliott Wave count labels are clearly marked. Gold has retraced 100% of its prior rally and has embarked on a strong rally that we...
by Ramki | Jan 14, 2010 | Gold
Hello again. I am inclined to say that the post of 31 Dec was based on incomplete data for the short term because of the gaps. I had assumed (presumably incorrec tly) that we had an overlap. Perhaps the 4th wave was lost in the gap, and we really had a full 5-wave...
by Ramki | Dec 29, 2009 | Gold
One of the reasons why traders should learn Elliott Wave Principle is because it gives you clues about the changing whims of the market much before any other system can. Remember, NO ONE can command the market to do as he interprets the charts. However, a smart...
by Ramki | Dec 24, 2009 | Gold
Now that Gold has staged a smart recovery from the lows, [ and is likely to close the week above 1100 😉 ], I thought it will be instructive to post how one should have traded this final fifth wave. As always, you will find the comments written on the chart itself....
