Gold to Silver Ratio Has Resumed Lower

by elliottwave-forecast.com | May 21, 2024 3:22 pm
Gold-to-Silver ratio had an overshoot to the upside during the Covid-19. It ended the all-time high on March 2020 at 126.4. The peak time is similar to the major low in World Indices. The ratio then quickly...

Gold Uptrend Remains Intact Despite Recent Pullback

by ForexCycle.com | May 14, 2024 9:13 am
The XAUUSD (spot gold) remains in an overall uptrend that originated from the 1810 level. The recent pullback from the 2431 high is likely a consolidation phase within this broader uptrend. Range-Bound Trading Expected Over the next...

XAUUSD Analysis: Bullish Bias Holds, Eyes on 2088.24 and Beyond

by ForexCycle.com | January 16, 2024 7:12 am
Gold (XAUUSD) remains locked in an uptrend, having recently found support at the rising trend line on the daily chart. This suggests continued buying pressure and opens the door for further upward movement in the coming days....

A Golden Setup: Get Your Free Forecast for Gold Prices

by ForexCycle.com | November 22, 2023 8:24 am
Gold has long been seen as the refuge for investors who are concerned about economic downturns and inflation. And it’s tempting to attribute the metal’s price movements to factors like supply and demand, the dollar and interest rates. But...

Gold-to-Silver Ratio (AUG) Close to Breakout

by elliottwave-forecast.com | August 29, 2023 4:26 pm
In our previous blog, we said that Gold-to-Silver ratio has resumed to the downside. In this article and video today, we will update the Elliott Wave outlook of the ratio. It’s been pretty sideways in the last...

Gold-to-Silver Ratio (AUG) Has Resumed Lower

by elliottwave-forecast.com | July 17, 2023 6:38 pm
Gold-to-Silver ratio (AUG) overshot to 126.43 during the Covid-19 scare in March 2020. This is an all-time high and arguably unsustainable when measured by many different matrices. The current ratio of 78-79 is still considered to be...

GOLD ( XAUUSD) Found Buyers After 3 Waves Pull Back

by elliottwave-forecast.com | May 10, 2023 8:00 pm
In this article we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we are favoring the long side in the commodity....

Gold to Silver Ratio Has Started the Next Bearish Leg

by elliottwave-forecast.com | March 28, 2023 6:24 pm
With tense geopolitical situation between two world super powers, ongoing war, and banking crisis, there’s no shortage of black swan events. Gold and Silver have performed very well in this environment. After 3 years of consolidation, they...

Gold: What “Colossal” Central Bank Buying May Mean

by ForexCycle.com | February 23, 2023 1:48 pm
By Elliott Wave International Central banks have been scooping up gold with a vengeance. Here’s a Jan. 31 Financial Times headline: ‘Colossal’ central bank buying drives gold demand to decade high Interestingly, just a few days later...

Gold and Inflation: Here’s a Market Myth

by ForexCycle.com | February 4, 2023 6:41 am
By Elliott Wave International Back in the days of the Roman Empire, an ounce of gold could buy a Roman a well-made toga, belt and finely crafted sandals. In modern day Rome, lo and behold, a businessman...