What Drives Gold Prices? (Don’t Say “the Fed!”)

by ForexCycle.com | June 9, 2021 1:52 am
By Elliott Wave International Excerpted from Elliott Wave International’s new FREE report “Gold Investor’s Survival Guide: 5 Principles That Help You Stay Ahead of Price Turns.” There is a glaring hole in the popular understanding of what...

Inflation Risk Supports Gold and Silver

by elliottwave-forecast.com | May 6, 2021 3:53 pm
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...

Has Gold Ended the 8 Months Correction?

by elliottwave-forecast.com | April 16, 2021 4:54 pm
There’s a lot of talk in Fintwit lately suggesting that precious metals may have ended the long 8 months correction and ready for the next glorious rally. In this article, I will attempt to answer the question...

$GLD Long Term Cycles and Elliott Wave Analysis

by elliottwave-forecast.com | March 16, 2021 2:38 pm
$GLD Long Term Cycles and Elliott Wave Analysis 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,...

Gold-to-Silver Ratio Suggests Further Upside in Precious Metals

by elliottwave-forecast.com | October 27, 2020 1:56 pm
Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue...

$GLD Elliott Wave Analysis and Long Term Cycles

by elliottwave-forecast.com | October 20, 2020 2:12 pm
$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,...

Elliott Wave View: Gold Correction Lower Taking Place

by elliottwave-forecast.com | October 14, 2020 3:28 pm
Elliott wave view in Gold ticker symbol: $XAUUSD suggests that the correction lower approximately towards $1801- $1669 area or a deep test of the 24 September 2020 low should be taking place. Right now, the bounce from...

Gold: Why You Should Be Wary of the “Consensus”

by ForexCycle.com | October 7, 2020 6:11 am
By Elliott Wave International You may recall investor optimism that attended gold’s then record high of $1921.50 in September 2011. A Gallup poll from that time period captured the prevailing sentiment. The Sept. 2, 2011 Elliott Wave...

AUG (Gold/Silver Ratio) Showing A Five Waves From 03.18.2020

by elliottwave-forecast.com | October 1, 2020 4:29 pm
AUG( Gold/Silver Ratio), Showing A Five Waves From 03.18.2020. The Ratio between Gold/Silver ( AUG) is a very good indicator of where the market is heading and especially the $USDX trade. The Ratio reached the extreme blue...