Gold and related Index such as Gold Miners Junior (GDXJ) maybe ready to make the next move higher. The next important catalyst in the market is the US election and the second Coronavirus relief package. Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to have discussion about the size and language of the stimulus bill. […]
Elliott Wave View: Gold Correction Lower Taking Place
Gold has extended lower the correction from August this year’s peak. While below $1933.25 high expect a bounce to fail in 3,7,11 swings for more downside.
AUG (Gold/Silver Ratio) Showing A Five Waves From 03.18.2020
Gold to Silver Ratio ( AUG) is showing 5 waves decline from the 18 March 2020 peak. This article & Video explains the Elliott wave path.
Elliott Wave View: Further Downside to End Gold Correction
Gold still has scope to extend lower to reach the extreme area from August 7 high before buyers appear. This article and video look at the Elliottwave path.
Generational Buying Opportunity in Gold and Silver?
On Saturday, September 12, 2020 we at Elliott Wave Forecast hosted a Free Seminar. The topic of the seminar was ” Generational Buying Opportunity in Gold and Silver?”. We analyze and talk about the outlook of Gold, Silver, and Miners. In the seminar, we explain why the break to all time high in precious metal against […]
Elliott Wave View: Further Correction in Gold Still Possible
Gold extended lower from August 18 high. While below September 1 high, expect bounce in 3,7,11 swings to fail for more downside.
