$GLD Elliott Wave Analysis and Long Term Cycles
$GLD Elliott Wave Analysis and Long Term Cycles Firstly the GLD ETF fund is one of the largest as well as one of the oldest Gold tracking funds out there since it’s inception date of November 18,...
Tag: GLD
Elliott Wave View: Gold Entering Buying Areas
Gold short-term Elliott Wave view suggests that the rally to 4/11 high at 1365.24 ended Minor wave B. Below from there, the decline is unfolding as an impulse Elliott wave structure in Minor wave C of (B) lower. This...
Elliott Wave Analysis: Gold in Double Correction
Revised Short Term Elliott Wave view in Gold suggests that the yellow metal is still correcting cycle from 12/13/2017 low ($1236.3) as a double three Elliott Wave structure. Up from 12/13/2017 low, Intermediate wave (W) ended at $1366.06 and...
Elliott Wave Analysis: Gold Bullish against 1306.8
Short Term Elliott Wave view in Gold suggests the decline to $1306.8 ended Intermediate wave (X). However, the yellow metal needs to break above Intermediate wave (W) at $1366.06 to rule out the possibility of a double correction...
Elliott Wave Analysis: Gold Ended Correction
We revise our Gold Short Term Elliott Wave view to a more aggressive one and call the decline to 2.8.2018 at $1306.8 ending Intermediate wave (X). For this view to get validity however, the yellow metal needs to...
Elliott Wave Analysis: Gold Can do a Double Correction
Gold Short Term Elliott Wave view suggests that the yellow metal is still correcting cycle from 12.13.2017 low ($1236.30) as a double three Elliott Wave structure. Down from 1.25.2018 high ($1366.06), the decline is unfolding as a double three...
Elliott Wave Analysis: Gold Ending Correction
Gold Short Term Elliott Wave view suggests that the decline to 1306.96 ended Intermediate wave (X). The rally from there is unfolding in 5 waves impulse Elliott Wave structure. Minutte wave (i) ended at 1337, Minutte wave (ii) ended at...
Gold Favored Higher Against 1306.96
Gold Short Term Elliott Wave view suggests that Intermediate wave (X) ended with the decline to 1306.96. Up from there, the yellow metal is rallying in 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 1337, Minutte...
Gold is Ready for New Rally
Gold closed above $1,300 per ounce for the first time in 5 years as the U.S. dollar saw it’s worst decline over the past 14 years. Despite a strong start in 2017, XAUUSD spent most of the year in a sideways...
Gold Elliott wave view: Double three
Short term Gold Elliott Wave view suggests that the rally from 10/06 low (1260.52) to 10/16 peak (1306.35) ended intermediate wave (X) then the decline from there is unfolding as a a double three Elliott wave structure. As the...