Elliott Wave Projects GBPUSD Pullback Should Continue to Find Support
$GBPUSD broke above previous peak on 1.23.2023 high at 1.2448 and now shows a bullish sequence from 9.26.2022 low. Cycle from 3.8.2023 low is currently in progress as a 5…
Silver (XAGUSD) Breaks Higher and Forms Elliott Wave Bullish Sequence
Silver (XAGUSD) broke above the previous peak on 2.2.2023 high ($24.62). As a result, it now shows a bullish sequence from 9.1.2022 low favoring further upside. A 100% - 161.8%…
Barrick Gold Corporation (NYSE: GOLD) Starts New Impulse Rally
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. The stock has underperformed since 2020 peak, but there's a reason to believe it has made significant low…
Gold Miners ETF (GDX) Develops Elliott Wave Bullish Sequence
Gold Miners ETF (GDX) is close to breaking above the previous peak on 1.25.2023 high (33.34). A break above will open up a bullish sequence from 9.26.2022 low favoring further…
Netflix (NFLX) Looking to Complete 5 Waves Elliott Wave Impulse
Cycle from 3.13.2023 low in Netflix (NFLX)Â is in progress as a 5 waves Elliott Wave impulse. Up from 3.13.2023 low, wave 1 ended at 316.6 and pullback in wave…
Elliott Wave Suggests Bitcoin (BTCUSD) Should Continue Impulsive Rally Higher
Rally from 11.21.2022 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 11.21.2022 low, wave (1) ended at 25250 and pullback in wave (2) ended…
Elliott Wave Favors DAX Rally to Fail
Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback…
Gold to Silver Ratio Has Started the Next Bearish Leg
With tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there's no shortage of black swan events. Gold and Silver have performed very well in this…
Bearish Elliott Wave Sequence in AUDJPY Suggests Further Downside
AUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a 5 waves impulse Elliott Wave structure.…