Gold preferred Elliott wave count is showing a triple corrective structure down from 1392 peak when 1342 was 2nd wave (( x )). As channel resistance caps, Gold has scope to drop as low as 1296 and may be as low as 1282 to complete the cycle. 1262 – 1287 is 4 hour inflection zone […]

Preferred Elliott wave view is  that Silver has ended a cycle at 22.17 and 7 swings lower suggest wave “W” is nearing completion (another low to 19.53 – 19.76 is still expected) Soon, expect a recovery in wave “X” which can reach as high as 50 – 61.8 fib of the drop from 22.17 peak […]

Preferred Elliott wave view suggests the yellow metal has ended a cycle and wave (( B )) high is in place @ 1392. Decline from 1392 is taking the form of a triple corrective structure and can test 1288 – 1298 to complete wave A. After that metal should see a recovery in wave B […]

We been calling for more downside on HG (Copper) since February 21/2014. It’s been moving perfectly according to our forecast. Just take a look at this series of charts from members area

Preferred view suggests yellow metal is in wave 5 of ( C ) and after a B wave pull back toward 1332 – 1336, we should see further strength in wave C of 5 toward 1365 – 1370 region to complete wave (( B )) from where the decline should resume. We don’t like selling […]

Wave B high is proposed to be in place at 3.32. Metal completed wave (( b)) & is currently trading lower in wave (( c )) of ((w)) which is expected to end in the orange zone which lies between 3.169 – 3.191. From here expect metal to recovery in a corrective fashion and resume […]