The second stimulus bill currently under negotiation may be the next catalyst for the decline in US Dollar. The negotiation between Democrat and Republican gained urgency last week as President Trump contracted the virus and required hospitalization. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continues to negotiate a proposal to send second stimulus […]

Nifty found support after 3 waves pullback & can see further upside to end 5 waves up from March low. This article and video look at the Elliott wave path.

Gold still has scope to extend lower to reach the extreme area from August 7 high before buyers appear. This article and video look at the Elliottwave path.

Cycle from Sept 1 in Pound Sterling looks incomplete and pair can see further downside. This article looks at the Elliott Wave path.

As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for the resilience is due to Chinese economy relatively speedy recovery from the pandemic. After the initial breakout in […]

On Saturday, September 12, 2020 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar was ” Generational Buying Opportunity in Gold and Silver?”. We analyze and talk about the outlook of Gold, Silver, and Miners. In the seminar, we explain why the break to all time high in precious metal against […]