Articles related to Elliot wave
 
Gary Savage - Smart Money Tracker
LOSSES ARE JUST PART OF THE GAME
How many times have we heard this one: “He/she/they caused me to blow up my account”? Blaming someone else for your losses. Pretty much every novice trader in the world goes through this phase, and many experienced traders as well. Now I’m going to let you in on a secret that will save you thousands or even millions if you will listen and heed this warning. Everyone loses from time to time. It’s an inevitable fact. No one, and I mean no one will ever win 100% of the time. Here’s another secret t
Monday, August 24, 2020
Graham Summer - Gains Pains & Capital
Gold $80 Off Lows May Be 'Tip Of Iceberg', But Beware The Yen
Summaryvia the Soren K. Group and Marketslant The Yen is showing signs of being too strong vs the USD and a reversal is looking likely Gold and the Yen have a strong positive correlation to each other when itcomes to their performance vs the USD If the Yen reverses, itwill put a damper on  Gold's rally A pullback in Gold is not unhealthy The longer term  chart still has Gold on a path to $1370 and $1550 so far. Buying dips in Gold above $1245 and $1217 is preferred now given the previous commen
Wednesday, June 7, 2017
Bill Downey - Commodity Trader
Gold at important channel lines on the charts
Lets look at the current situation; Gold hasn't changed since last Wednesday. We had the PRE NFP drop to 1350 and then the POST NFP FLush 1 -- clear the stops on the downside, and Flush #2 clear the stops on the upside. Then we had a rally back to 1375 for good measure and a return to where we started on Monday. Thus nothing has changed from the NFP report as we enter Tuesday. So we do have a double top in the noted resistance we have been using 1372-1388, and that is a short term caution flag.
Tuesday, July 12, 2016
Mark O'Byrne - gold.ie
Sharia Gold Standard – $2 Trillion In Assets “Could Send Price Soaring”
The coming ‘sharia gold standard’ or shariah compliant gold could lead to a very significant source of  new demand for physical gold coins and bars in the Islamic world. It is believed that this will contribute to much higher prices and gold “soaring” as some of the $2 trillion of assets held in Islamic financial institutions are allocated to the very small physical global gold market.Fifty gram gold bars sit across a one kilo gold bar at bullion dealers Goldcore, in London, U.K., on Thursday, M
Thursday, May 5, 2016
Bill Downey - Commodity Trader
Gold Elliot Wave Count Since The Lows
Gold encounters tramline resistance From John C Burford Now that gold has zoomed up by $200 off its $1,050 December lows, it is grabbing major headlines. Gold mining shares, which were shunned two months ago, are back in fashion. Isn't it curious how quickly sentiment can change? As a measure of market sentiment, I have shown charts before of the position of hedge funds in the futures market in terms of their holdings of long and short futures and options. Remember, the Comex gold futures m
Friday, February 19, 2016
Jeffrey Lewis
Silver Prices and Technical Analysis
We started this series “shallow and wide” on the subject of what's really determining the silver price…What are the factors, the most influential factors right now? Last week we covered high-frequency trading and algorithm trading in association with the future's market. This week we're going to kind of go on a second factor, which is silver prices and technical analysis. Once again, we started this whole discussion about talking on just surface level the major influences on price. We started wi
Thursday, October 15, 2015
Bill Downey - Commodity Trader
Gold remains mixed with potential to move higher on short term basis
NEWSLETTER ~ October 6 2015 Gold Report ~ Oct 6 2015 Trend Long Term ~ Bearish- Need a monthly close above 1800 to confirm the bull market final phase underway. Need a monthly close above 1560 to neutralize the trend. Medium Term ~ Bearish- Need a monthly close above 1255 to remove bearish trend. Intermediate Term ~ Neutral– Need close above 1172 for bullish TREND. Short Term ~Neutral -  Need weekly close above 1148 for bullish Initial Resistance 1142-1148  2nd tier 1163-1172 Support 111
Tuesday, October 6, 2015
Bill Downey - Commodity Trader
Gold continues higher after Swiss Franc Peg removed
What does it mean?    We're not sure yet, but we're watching. Gold Hits $1278 - 4 Month Highs Submitted by Tyler Durden on 01/16/2015 Gold and the USD are the most correlated since July 2010. Despite the surging USDollar - which any mainstream media pundit will tell you should crush the hopes and dreams of the barbarous relic - gold prices are surging since the start of 2015. The latest $50 jerk higher came after the SNB decision asthe safety of non-fiat currencies was sought aggressively
Friday, January 16, 2015
Bill Downey - Commodity Trader
Gold soars as Swiss National Bank Stuns Market
Gold Here is likely the story that propelled gold today. This is an e-mail forward from a peer. So it has come to pass, the Swiss National Bank gave up defending the Euro, and the level of Swiss Franc – Euro at Swiss Franc 1.20 is history. The Swiss National Bank again, as in Sept.2011, surprised the financial markets, by dropping their intervention level. BTW: I talked to my Swiss banker today and: He said the head of the SNB said that they ran out of ammunition trying to maintain the peg.
Thursday, January 15, 2015
Bill Downey - Commodity Trader
The long term price chart of the HUI gold stock index in its final wave down
Long Term HUI Wave Count We are in the final 5th wave down of the Gold stock crash. This is one of the two most likely places where we make the “low” for the move. It is the last uptrend line. The 2nd most likely is where it started in 2001. I don’t want to even mention it for fear of you not believing. In an event, the two most likely places for a low is (140-150) and (60-100). While it is the two mostly likely places, it doesn’t mean that the most likely two places will ABSOLUTELY produce the
Friday, December 19, 2014
Stewart Thomson - Graceland Update
Yen Massacre Gold Muscle
Graceland Updates By Stewart Thomson1.In January of 2011, I swapped a fair amount of physical silver bullion for physical gold bullion.A couple of weeks ago, I reversed the swap.2.When I first did the swap in 2011, silver was trading above $30.I wasn’t trying to call any tops or bottoms.Gold simply offered more relative value to me at that period of time than silver did.3.Likewise, I’m not really interested in predicting that silver has “bottomed” against gold, at this point in time.Silver simpl
Tuesday, November 4, 2014
Bill Downey - Commodity Trader
Gold Weekly Report---the Consumer price index report on Wednesday should be key this week
Gold Weekly Update ~ Oct 19, 2014 Trend Long Term ~ Bearish– Need a monthly close above 1560 for neutral trend without bearish potential. The key resistance area’s to regain new bull market leg are 1792 and 1804-1830 Medium Term ~ Neutral/Bearish– A monthly close below 1289 puts gold in full bearish trend for the medium term trend. However, it is possible that we have made an important low again at 1180. Odds still favor it will get broken before the end of the bear market. Intermediate Term ~N
Monday, October 20, 2014
Warren Bevan - Precious Metals Stock Review
  Gold Has Got To Put Up Or Shut Up
By Warren BevanMarkets and many stocks continued to consolidate and correct but we did see a decent sign that a low may be in Thursday and Friday.I never really expected this correction to be very deep and so far it hasn’t been.I also expected this correction to run until around this time or until mid-October, which is fast approaching.I’ve got some great stocks on my shopping list for subscribers!One secret to finding great stocks is to see which ones hold up or are even strong while most stock
Sunday, October 5, 2014
Mac Slavo - ShtfPlan
The Final Warning: Individual Investors Piling Into Stocks, Market Leverage Hits All Tim 
The story goes that in the Winter of 1928 Joe Kennedy, father of President John F. Kennedy, went to have his shoes shined. When the shoe shine boy finished he offered Kennedy a tip. “Buy Hindeburg,” he said. Kennedy promptly sold off all of his stock holdings. Within a year the United States saw a massive stock market crash that wiped out the life savings of millions of Americans and ushered in a decade’s long Great Depression. When asked why he sold all his stocks Kennedy replied, “You know it’
Tuesday, July 15, 2014
John Rubino - Dollar Collapse
Terrible Technicals
I have a theory about technical indicators, which is that most people only pay attention to the ones that that confirm what they already think. Technicals are primarily entertainment, in other words. But every once in a while a market's charts, graphs, and images line up in a persuasive way, and for U.S. stocks this looks like one of those times. A few examples: Margin debt This is a measure of how much money investors have borrowed against their stocks to buy new stocks. The more exc
Saturday, September 21, 2013
Dan Dontrose
  Metals May Have Topped Short Term 
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Tuesday, October 2, 2012
24hgold
Taku Highlighted In MGI Securities David Chapman Stock Of The Week Report

Monday, September 24, 2012
Gordon Long - Market Analytics
Markets Moving Markets
The questions nervously being asked during this market turmoil and onslaught of worrisome news is: 1.Are we experiencing an Intermediate-Term pullback or the beginning of a major Long Term move down? 2.How do you determine when and where a pullback might stop? 3.What should I be looking at to give me the correct perspective and what tools will help give me an investment edge? It is too soon to answer #1 until we see the "whites of the eyes" of the global central bankers and how (NOT 'IF') they will react.
Thursday, June 7, 2012
Crisis Watch - Market Analytics
Markets Moving Markets

Wednesday, June 6, 2012
Dan Dontrose - The fundamental view
  Silver Should Now Work Towards Below $30.00
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Tuesday, March 20, 2012
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