XAUAUD Weekly20161121200516

In February 2016, we spotted 5 swings up from April 2013 low in Gold (XAUAUD) and argued that by the time it completed 7 swings up from April 2013 low, it would have almost broken above August 2011 peak which will make the weekly sequence bullish. In 2nd quarter of 2016, we saw Gold (XAUAUD) […]

  • Silver Elliott Wave Forecast 12.21.2016

    Silver Elliott Wave Forecast 12.21.2016


    Silver metal is showing an incomplete Elliott Wave sequence from 11.9.2016 peak. There are 5 swings down from 11.9.2016 peak which makes short-term sequence bearish against 12.7.2016 (17.25) peak. Decline from 18.99 – 16.14 was a 3 wave move labelled wave W followed by a 3 wave bounce to 17.25 that completed wave X. Cycle […]

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  • Silver Metal Elliott Wave Forecast 12.20.2016

    Silver Metal Elliott Wave Forecast 12.20.2016


    Silver metal is showing an incomplete Elliott Wave sequence from 11.9.2016 peak. There are 5 swings down from 11.9.2016 peak which makes short-term sequence bearish against 12.7.2016 (17.25) peak. Decline from 18.99 – 16.14 was a 3 wave move labelled wave W followed by a 3 wave bounce to 17.25 that completed wave X. Cycle […]

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  • SI_F (Silver) Elliott Wave Forecast 12.19.2016

    SI_F (Silver) Elliott Wave Forecast 12.19.2016


    SI_F (Silver) is showing an incomplete Elliott Wave sequence from 11.9.2016 peak. There are 5 swings down from 11.9.2016 peak which makes short-term sequence bearish against 12.7.2016 (17.25) peak. Decline from 18.99 – 16.14 was a 3 wave move labelled wave W followed by a 3 wave bounce to 17.25 that completed wave X. Down […]

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  • Silver XAGUSD Elliott Wave Forecast 12.16.2016

    Silver XAGUSD Elliott Wave Forecast 12.16.2016


    Short Term XAGUSD Elliott wave forecast suggests that the rally to 17.25 ended wave X. Decline from there is unfolding as a FLAT where wave (a) ended at 16.64, wave (b) ended at 17.21 and wave (c) of ((w)) is expected to complete soon although marginal low is still expected towards as low as 15.8. Afterwards, […]

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  • CL_F rally will benefit Canadian Dollar

    CL_F rally will benefit Canadian Dollar


    In November 30, the OPEC members agreed to cut oil production by 1.2 million barrels causing a 9.3% rally in CL_F. Since then, U.S. crude futures continued to rally and took out the previous high of the year made on October 18 at $50.78. We’ve suggested that from technical point of view, CL_F is showing […]

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  • CL_F Elliott Wave Forecast 12.12.2016

    CL_F Elliott Wave Forecast 12.12.2016


    Short Term CL_F Elliott wave forecast suggests that the rally from 11/14 (42.21) low is unfolding as a triple three where wave ((w)) ended at $49.2, wave ((x)) ended at $44.82, wave ((y)) ended at $52.43 and 2nd wave ((x)) ended at $49.64. CL_F has gapped up at the opening on Monday Dec 12 and short term while […]

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