Gold faces a perfect rejection at 1351 (equal legs) as forecased in this 1 hour Elliott wave analysis presented to members on September 28 2013. Let’s take a look at some charts   9.28.2013   9.30.2013   10.1.2013   If you would like to receive frequent , timely updates, stay on top of changes in […]

Break below 1306 confirms wave (( b )) has completed @ 1351. While below 1312 – 1322 expect 2 more lows to complete a 5 wave decline from 1351 peak. Focus is at 1265 and if exceeded , we could even reach 1246 If you would like to receive frequent , timely updates, stay on […]

Let’s take a look at Elliott Wave analysis in 1 hour time frame from members area which shows AUDUSD  dropping to equal legs and then a bounce as expected.   Before   After   If you would like to receive frequent , timely updates, stay on top of changes in short-term wave structure and be […]

Wave A high is in place. While below 9301, expect more downside ideally toward 8788 which will offer a buying opportunity in the Index. Hourly cycles are positive and hence we don’t like selling the pair Index. Strategy remains to buy the dips in 3, 7 and 11 swings. If you would like to receive […]

Recent price action suggests wave B has completed as a FLAT @ 1376.  Wave (( a )) was a 5 wave move and while above 1318.40, expect a test of 1351 – 1358 to complete wave (( b )) before metal turns lower again. Hourly cycles remain negative and hence we don’t like buying the […]