General overview for 01/08/2016: The corrective cycle in wave 2 is getting more complex and time-consuming. The market had slipped below the 38%Fibo at the level of 41.86 and below the Schiff’s modified pitchfork that...
Tag - Commodities
General overview for 11/07/2016: (previous analysis of this pair can be seen here) The current situation on #GOLD market is clearly a bullish upward wave development. After the low at the level of $1045, the market has made...
General overview for 30/06/2016: (the previous analysis for this market can be seen here) The corrective cycle in wave 2 might be considered done, but the market is currently too weak to break out above the golden trend line at...
General overview for 01/06/2016: The main count at the weekly time frame indicates the wave C had ended with five waves downward rally at the level of $26.02. This low is the bottom for bigger cycle wave X as well, so according...
General overview for 01/09/2015: The very long term Elliott wave count for Gold with data since 1975 is indicating the recent top at the level of $1918 to be only wave 3 top, and the current corrective cycle – wave 4...
General overview for 27/07/2015: The crude oil prices are in decline again after making an important top at the level of 62.55 (wave 4 pink). The current impulsive wave progression is still uncompleted, but the underlying bullish...
General overview for 08/01/2015: The current wave progression might develop in two possible ways: – the first scenario indicates a possible impulsive wave progression to the upside, where wave i-ii had been made...