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...

Elliott Wave Analysis of EUR/USD

Elliott Wave analysis is always a work-in-progress. We could determine a possible target at one point in time, and once that is reached, a new higher target might become necessary depending on fresh information. It is important to understand that determining a target...

Elliott Wave Analysis of USD/INR

The CFO of a large corporation based in India asked me whether it is possible to analyze the USD/INR using Elliott Wave Analysis. His company has significant exposures to the foreign exchange market, and even a small move in the exchange rate of the Rupee will have a...

Raves and Reminiscences

“Sweet is the memory of distant friends! Like the mellow rays of the departing sun, it falls tenderly, yet sadly, on the heart.” Washington Irving. I have added two new pages for my old friends in the market. (They are right at the top, next to the ‘About” page). Do...