XAUAUD Weekly20161121200516

In February 2016, we spotted 5 swings up from April 2013 low in Gold (XAUAUD) and argued that by the time it completed 7 swings up from April 2013 low, it would have almost broken above August 2011 peak which will make the weekly sequence bullish. In 2nd quarter of 2016, we saw Gold (XAUAUD) […]

  • Gold $XAUUSD Short-term Elliott Wave Analysis 8.31.2016

    Gold $XAUUSD Short-term Elliott Wave Analysis 8.31.2016


    Short term Elliott wave count suggests that rally to 1342.26 ended wave ((x)). Decline from there is unfolding as a double three where wave (w) ended at 1318.2 and wave (x) ended at 1325.52. While near term bounce in wave x stays below 1325.52, expect Gold to turn lower in wave (y) of ((y)) towards 1291 […]

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  • How far will USD rally? Gold may provide the answer

    How far will USD rally? Gold may provide the answer


    Fed Chairwoman Janet Yellen and other Fed members gave hawkish comments at Jackson Hole meeting last week, boosting the U.S. dollar against several currencies. Janet Yellen suggested that in light of the solid performance in the labor market, the case for an increase in federal funds rate has strengthened in recent months. However, she did not specifically say […]

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  • Is it time to be bullish or bearish the US Dollar?

    Is it time to be bullish or bearish the US Dollar?


    Silver rally from zero line to 2011 peak was in big 3 waves. Since then, we have seen a big 3 waves drop to 100% extension at 13.76 and metal has started bouncing again. This 100% extension was also the 76.4 % Fibonacci retracement of the rally from zero line. Cycle from 2011 peak appears […]

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  • $OIL Expanded flat correction

    $OIL Expanded flat correction


    Expanded Elliottwave Flat is a 3 wave corrective pattern which could often be seen in the market. Inner subdivisions are 3, 3, 5 and labelled as A, B, C. Waves A and B have forms of corrective structures like zigzag, flat, double three or triple three. Whereas , wave C is always a 5 waves structure, […]

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  • Oil $CL_F Live Trading Room Setup from 8/10

    Oil $CL_F Live Trading Room Setup from 8/10


    Here is a short clip from our Live Trading Room on August 10. Take a look at how we manage the trade and risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily for 1 hour starting at 7:00 AM EST , join us there for more insight into these proven […]

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  • Elliottwaves forecasting the decline in Copper ( $HG #F)

    Elliottwaves forecasting the decline in Copper ( $HG #F)


    During the last days of July 2016 Copper Futures has been forming very interesting price patterns. Our Elliott Wave and Cycle analysis suggested the price has been correcting the decline from the 07/12 peak, looking for 2.233-2.260 area where sellers would be appear. Copper was proposed to reach the mentioned area and complete wave X […]

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