Summer of Love for Gold Bulls: How “Quandary” Became Clarity

by ForexCycle.com | August 7, 2019 7:37 am
By Elliott Wave International As mainstream experts struggled to see the direction in gold, Elliott wave analysis saw a clear, bullish triangle. Then, gold prices rocketed to six-year highs! A common misconception of trading is that the...

GOLD ( $XAUUSD ) Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | May 5, 2019 2:44 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website.  GOLD has had incomplete sequences in the cycle from the February...

Gold Elliott Wave View: Showing Impulsive Decline

by elliottwave-forecast.com | May 2, 2019 8:39 pm
Gold higher time frame cycles suggest that cycle from 8/16/2018 low ended 5 waves advance on February 20, 2019, at $1346.75 high. Since then, Gold is going lower in an impulse manner as the decline is unfolding...

GOLD ( $XAUUSD ) Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | April 27, 2019 4:15 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website.  GOLD has had incomplete sequences in the cycle from the February...

Gold Miners (GDX) Ready for Breakout

by elliottwave-forecast.com | April 11, 2019 7:55 pm
Gold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive...

Elliott Wave View: Gold Can See Profit Taking

by elliottwave-forecast.com | March 13, 2019 9:48 pm
Gold has ended the cycle from August 16, 2018 low at $1347.18 as wave (A). The yellow metal is in the process of correcting the cycle from August 16, 2018 low in 3, 7, or 11 swing...

Elliott Wave View: Gold Looking to break 2018 High

by elliottwave-forecast.com | February 20, 2019 9:03 pm
We have highlighted the possibility that Gold can quickly retest the high in 2018. The chart below shows the yellow metal has broken above a long term bearish channel from Sept 5, 2011 high. In addition, it...

Elliott Wave View: Gold Buyers Should Appear Soon

by elliottwave-forecast.com | February 14, 2019 8:36 pm
Elliott wave view in Gold suggests that rally from August 16, 2018 low ($1160.37) is unfolding as an Elliott Wave Impulse structure. Rally to $1326.53 ended wave (3). Wave (4) pullback is in progress as a double...

Gold: The first long-term goal of increasing is 1323.85

by Dmitriy Zeland | February 13, 2019 7:26 am
Cash investments of the “owners of the markets” in derivatives for gold of the CME Group exchange amounted to $ 181 billion 609 million. Capitalization of investments increased by less than 1%. The net advantage of bullish...

Elliott Wave View: Gold Should Continue Higher

by elliottwave-forecast.com | January 30, 2019 4:11 pm
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at $1276, wave ((b)) of 4 ended at...