"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 13 hours Global Debt Hits 225% Of GDP
  • 14 hours The World’s First Trillionaire Will Be A Space Miner
  • 15 hours How Student Debt Could Cause The Next Real Estate Crisis
  • 16 hours This $550 Billion Industry Is Betting On Bitcoin
  • 17 hours One Commodity Set To Soar On Russian Sanctions
  • 19 hours China’s New Car-Market Rules
  • 21 hours Oligarch Risk: The New Red Flag For Investors
  • 2 days Five Things To Consider Before Investing In An IPO
  • 2 days Investors Bullish As Earnings Season Kicks Off
  • 2 days Nearly One-Third Of U.S. Lottery Winners Declare Bankruptcy
  • 2 days Is Facebook Still A Buy?
  • 2 days Will Blockchain Stocks Ever Bounce Back?
  • 2 days Geopolitical Tensions Fail To Boost Gold Prices
  • 2 days China's Economy Soars Despite Trade War Fears
  • 2 days The Biggest Threat To The Economy
  • 3 days What Does A Billionaire's Bucket List Look Like?
  • 3 days Is The Global Economy Growing Or Slowing?
  • 3 days A Sanctions War Could Cripple U.S. Corporations
  • 3 days British Pound Soars To Highest Level Since Brexit
  • 3 days Markets Bounce Back As Geopolitical Fears Subside
Oligarch Risk: The New Red Flag For Investors

Oligarch Risk: The New Red Flag For Investors

Investors are scrambling to diversify…

Could Tesla Be Profitable By The End Of 2018?

Could Tesla Be Profitable By The End Of 2018?

Tesla has struggled to get…

Gregor Horvat

Gregor Horvat

Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for…

More Info

GOLD and SP500 Intraday: Elliott Wave Analysis

No change for gold; market could continue higher, towards 1200 as current slow move looks corrective, but we would love to see 1170 to stay in place, while former 1178 high should turn into a support. If price will get beneath those figures, then metal could be turning south once again.

GOLD 1h Elliott Wave Analysis

GOLD 1-Hour Elliott Wave Analysis Chart

Stocks did not go far lately, but decline on S&P is still in three legs so we could see a resumption back to the highs soon especially when the trend line resistance gives way. 2050/55 could be seen with the next leg up.

S&P500 (Dec 2014) 1h Elliott Wave Analysis

S&P500 (Dec 2014) 1-Hour Elliott Wave Analysis Chart

 


Subscribe Our Newsletter If you already haven't >> http://goo.gl/8QVevl

 

Back to homepage

Leave a comment

Leave a comment