Short Term Elliott Wave view in Gold (XAUUSD) suggests the metal continues the correction lower. The internal of the decline from November 9 peak is unfolding as a zigzag Elliott Wave structure.  Down from November 9 peak, wave ((a)) ended at 1850. Up from there, bounce in wave ((b)) unfolded as a zigzag in lesser […]

Silver (XAGUSD) decline from Nov 9 high looks impulsive and still has scope to see further weakness. This article and video look at the Elliott Wave path.

GDX is correcting cycle from March 16, 2020 low as a double three structure. This article and video look at the Elliott Wave path.

Bitcoin shows an impulsive rally and dips should continue to find support for more upside. This article and video look at the Elliott Wave path.

Two weeks’ back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna’s COVID-19 vaccine has even a better 94.5% efficacy rate and longer shelf life compared to the Pfizer’s. New Zealand dollar, usually a proxy for risk sentiment, rose to 0.6910 after the news. Prior to all […]

DAX rallies in an impulsive structure from Oct 30 low suggesting further upside is likely. This article and video look at the Elliott Wave path.