Elliott Wave View: Gold In Consolidation Before a Break Higher

by elliottwave-forecast.com | January 24, 2019 6:28 pm
Short term Elliott Wave view in Gold suggests the rally to $1298.03 ended wave (W). The yellow metal is now correcting the cycle from August 16, 2018 low within wave (X) in 3, 7, or 11 swing....

Gold: Options And Futures Analysis For January 21, 2019

by Dmitriy Zeland | January 21, 2019 9:45 am
    Total cash investments among major participants of the CME Group on gold derivatives trading increased by 6%.     At the same time, the total capitalization of investments in dollars amounted to $ 162 billion 322 million.     The predominance...

Has the Next Bull Market for Gold Started?

by elliottwave-forecast.com | January 14, 2019 7:13 pm
Gold has been used as the currency of choice throughout history, despite what the central banks of the world say. Ben Bernanke, then the Fed Chairman, famously said that Gold is not money in 2011 during congressional...

Elliott Wave View: Gold Entering Buying Areas

by elliottwave-forecast.com | May 4, 2018 2:30 pm
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...

Geopolitical Tension Could Be Catalyst for Gold’s Rally

by elliottwave-forecast.com | April 16, 2018 2:54 pm
Rising Geopolitical Tension between U.S. and Russia The geopolitical tension between the United States and Russia escalated rapidly in the past two weeks. Two weeks ago, the U.S. Treasury Department announced fresh sanctions against Russian oligarchs and...

Elliott Wave Analysis: Gold in Sideways Range

by elliottwave-forecast.com | April 11, 2018 7:59 am
Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range structure with ABCDE label. In the case...

Elliott Wave Analysis: Gold in Double Correction

by elliottwave-forecast.com | March 1, 2018 11:11 am
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

by elliottwave-forecast.com | February 27, 2018 10:36 am
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

by elliottwave-forecast.com | February 23, 2018 1:08 pm
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

by elliottwave-forecast.com | February 22, 2018 12:14 pm
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...