Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of GOLD (XAUUSD) , published in members area of the website. As our members know, GOLD ended cycle from the 2314.99 low as 5 waves structure. The commodity is now giving us pull back against the […]
Elliott Wave View: Gold (XAUUSD) Preparing for Next Bullish Leg
Gold (XAUUSD) is getting ready for the next bullish leg. This article and video look at the short term Elliott Wave path for the metal.
17 Best Gold Trading Signals and Providers
Gold is an incredibly popular market. It is a relatively stable asset for investment. The market has seen some big moves over the years. We shared a list of Best Gold Stocks for our readers previously. A few techniques that prove helpful in trading gold are Relative Strength Index – RSI has been explained in […]
Elliott Wave View: Gold (XAUUSD) Pullback Should Find Buyers
Short Term Elliott Wave structure for Gold (XAUUSD) suggests the rally from March 31, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from March 31 low, wave (1) ended at 1797.83 and wave (2) pullback ended at 1755.93. Gold has resumed higher within wave (3) which has internal subdivision of […]
Inflation Risk Supports Gold and Silver
An increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to replenish stockpiles to keep up with demand and higher input prices. However, central bankers still argue that price gains are transitory. They claim it will […]
8 Best Gold Stocks to Buy in 2024
Gold stocks are stocks of companies and funds focused on gold. The industry mainly comprises mining companies that dig up and sell gold. There are many benefits to buying gold stocks instead of physical metal. The main draw is that these companies offer the potential of leveraged upside to the price of gold. When prices rise, […]
