Gold •153 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 959.90 | +9.50 | +1.00% | |
WTI Crude •10 mins | 70.02 | +1.92 | +2.82% | |
Gasoline •10 mins | 1.963 | +0.046 | +2.40% | |
Ethanol •153 days | 2.161 | +0.000 | +0.00% | |
Silver •153 days | 30.82 | +1.16 | +3.92% |
Silver • 153 days | 30.82 | +1.16 | +3.92% | ||
Copper • 153 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.69 | +1.86 | +2.59% | ||
Natural Gas • 10 mins | 3.032 | -0.181 | -5.63% | ||
Heating Oil • 10 mins | 2.223 | +0.045 | +2.07% |
Contributor since: 10 Sep 2013
I have been using the Elliott wave principle to analyse up to five markets a day since 2008. I began Elliott Wave Forex (originally ForexInfo.us) in 2009 to provide daily analysis of EURUSD and GBPUSD, then I began Elliott Wave Stock Market in 2010. Elliott Wave Gold began in August, 2013. Currently I provide daily analysis of Gold on this site, and daily analysis of the S&P 500 on Elliott Wave Stock Market for its members.
Main Wave Count. Larger Image Larger Image Alternate Wave Count. The triangle is starting to look strange because the overshoot of the A-C trend line…
This analysis is published about 08:00 p.m. EST. 9th July, 2014 Despite all four hourly wave counts from yesterday's analysis being invalidated with movement…
Originally published July 1, 2014. Upwards movement continues. The triangle for Silver, as it is for Gold and GDX, is incomplete. Larger Image The triangle…
Sideways movement continued, although for less than one day. The breakout was expected to be upwards. The alternate hourly wave count target for sideways movement…
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 105.21 invalidated the daily wave count. Summary:…
Movement above 19.824 and then 19.996 invalidated the main wave count and confirmed the alternate. Silver has now finished its barrier triangle, and the next…
Last Elliott wave analysis of Gold expected one more downwards wave of about $27 in length before the upwards trend resumed. This is not what…
Movement above 1,257.96 invalidated the main hourly wave count and was allowed for in the alternate wave count, but the structure was incorrect. I still…
Last analysis expected downwards movement with an increase in momentum. This is not what happened. Upwards movement above 104.49 invalidated the daily wave count. I…
Last analysis expected that upwards movement was over and price should move lower. Price moved higher first, but remains below the invalidation point. Since reaching…
Downwards movement fits the main wave count, but only movement below 18.581 would confirm it. If the main wave count is correct we may be…
Last analysis expected that upwards movement was over and price should move lower. Price moved higher first, but remains below the invalidation point. Since reaching…
The short term target was 1,256. Price reached down to 1,256.06, so far. The wave count is unchanged. Summary: I expect to see some upwards…
The triangle may now be complete. A break below 1,277.57 would confirm this. Summary: Sideways movement may have just ended and price may be breaking…
Last analysis expected a little upwards movement to the target at 102.14 to 102.61 to last about five days. So far upwards movement has reached…
Price has moved upwards in choppy overlapping movement which is what last week's wave count for Silver expected. I have a new wave count for…
Price has moved lower as expected. A clear breach of the channel on the hourly chart confirms a third wave down should have begun. Summary:…
Last analysis expected a resumption of the downwards trend which is what has happened. Summary: In the short term I expect a little upwards movement…
Original published 7th May, 2014. A new low slightly below 18.585 to 18.581 invalidated last week's wave count for Silver. I still expect a triangle…
Originally published 30th April, 2014. Price has mostly moved sideways since last analysis. The wave count is the same. Larger Image Minor wave B still…