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) […]

  • Oil Elliott Wave Forecast 12.6.2016

    Oil Elliott Wave Forecast 12.6.2016


    Short Term Oil Elliott wave forecast suggests that the rally from 11/14 low is unfolding as a double three where wave ((w)) ended at $49.2, wave ((x)) ended at $44.82. and wave ((y)) of W is proposed complete at $52.43. Near term, while bounces stay below there, oil is expected to turn lower within wave X […]

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  • Oil Elliott Wave Sequence is Bullish

    Oil Elliott Wave Sequence is Bullish


    Oil’s price has been completely crushed in the past 3 years. From $112.2 peak in Aug 2013, Oil’s price dropped 77% until it finally found a support in Feb 2016 at $26. From Feb 2016 low, Oil Elliott wave sequence is showing 5 swing (daily chart below), which suggests that further upside is possible. Last Wednesday […]

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  • Gold Forecast through Gold-to-Silver Ratio

    Gold Forecast through Gold-to-Silver Ratio


    In this article, we will attempt to do short term and medium term Gold forecast through the chart of Gold-to-Silver ratio. The aftermath of Donald Trump’s election initially saw Gold rallying 5% on Nov 9, only to be completely reversed. Since then, we saw U.S. Dollar’s rally accelerated against other major currencies. USD Index made […]

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  • Trump Reflation Trade

    Trump Reflation Trade


    The past decade has seen massive reliance on Monetary Policy by Central Bank to maintain economic momentum, but not enough Fiscal Policy or stimulative government intervention. The election of Donald Trump as the new U.S. president is thought to change that. In his first speech as president-elect, Mr. Trump highlighted investment in infrastructure, reinforcing the […]

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  • Gold (XAUAUD) Elliott Wave Analysis calling for 2220

    Gold (XAUAUD) Elliott Wave Analysis calling for 2220


    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) […]

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  • Cocoa Futures: Technical Picture from 2011 low

    Cocoa Futures: Technical Picture from 2011 low


    Cocoa Futures (CC #F) has ended the cycle from all time low at 3775 (March 2011) and then it made a sharp decline into 12/12/2011 low at 1983. Since then, we have seen Cocoa futures rallying in 5 swings which is a bullish sequence. Advance from 12/12/2011 (1983) low to 12/8/2015 (3429) was an overlapping […]

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