In this article we’re going to take a quick look at the Elliott Wave charts of GBPUSD , published in members area of the website.  As our members know, we have been favoring the long side in the pair. We recommended members to avoid selling , while keep favoring the long side.  Recently we got […]

Gold Miners ETF (GDX) shows a bullish sequence from 9.26.2022 low favoring further upside. The 100% – 161.8% Fibonacci extension target from 9.26.2022 low comes at 38.3 – 45.7 area. Rally from there is unfolding as a nest where wave ((1)) ended at 33.34 and wave ((2)) pullback ended at 26.64. Wave ((3)) is in […]

Hello Traders. In today’s article, we will look at the past performance of 4 Hour Elliott Wave chart of Bank of America ($BAC). The decline from 2.07.2023 peak unfolded as 5 swings and made a lower low on 3.24.2023 which created a bearish sequence in the 4H timeframe. Therefore, we knew that the structure in […]

Newmont Mining (ticker: NEM) is the world’s largest gold mining company, based in Greenwood Village, Colorado, United States. The stock may have formed a significant low at 37.57 on November 2022 and started a new bullish cycle. This article looks at the Elliott Wave Outlook for the stock. Newmont Monthly Elliott Wave Chart Monthly Elliott […]