Rally to 49.5 ended wave 4. From this level, wave 5 of (3) decline is unfolding in 5 waves where wave ((i)) ended at 45.08, wave ((ii)) ended at 46.71, wave ((iii)) ended at 41.35, wave ((iv)) is proposed complete at 42.9, and wave ((v)) is in progress lower to complete wave (3) before a larger […]

Rally to 49.5 ended wave 4. From this level, wave 5 of (3) decline is unfolding in 5 waves where wave ((i)) ended at 45.08 and wave ((ii)) ended at 46.71. Wave ((iii)) is in progress towards 40.4 – 40.89, then it should bounce in wave ((iv)) before another leg lower to complete wave 5 of […]

Gold (XAU) topped out on the May 18/2015 high and since then it has reversed and been moving to the down side. We, at Elliottwave-Forecast, strive to keep our members on the right side of the markets and we encourage members to enter trades at precise selling/buying areas. Take a look at the charts below […]

Decline from wave X at 16.46 is unfolding in double correction (w)-(x)-(y) where wave (w) ended at 15.5, wave (x) ended at 16.05, and wave (y) is in progress towards 14.95 – 15.2. Revised short term Elliott Wave view suggests the internal of wave (y) is taking the form of a double corrective structure w-x-y where […]

Decline from wave X at 16.46 is unfolding in double correction (w)-(x)-(y) where wave (w) ended at 15.5, wave (x) ended at 16.05, and wave (y) is in progress towards 14.95 – 15.2. Revised short term Elliott Wave view suggests the internal of wave (y) is taking the form of a double corrective structure w-x-y where […]

Decline from wave X at 16.46 is unfolding in double correction (w)-(x)-(y) where wave (w) ended at 15.5, wave (x) ended at 16.05, and wave (y) is in progress towards 14.85 – 15.08. In our Chart of The Day 6.30.2015, we said the internal of wave (y) is also taking the form of a double corrective […]