Expect marginal new highs to 105.00 to complete wave A as a FLAT. This should result in a wave B pull back  and further strength toward 106.67 – 107.99 to complete wave ( B ). Hourly cycles are negative but we don’t recommend selling in wave B as more upside would be expected after that. […]

Break of 97.44 suggests wave ( 4 ) is not over yet. Expect a test of 96.92 as the next level to look for longs in the pair. We don’t like chasing weakness in the pair as strategy remains to buy the dips in 3, 7 and 11 swings. If you would like to receive […]

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 […]