Elliott Wave Analysis of the Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of the Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Today’s slight new low in the GDX below the June 26 low is a big deal. Essentially it sends a message that the GDX has further down to go over the next few months and […]
Elliott Wave Analysis of Gold (XK futures contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Gold (XK futures contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Ever since Gold bottomed in late June, it has been moving sideways in either a black bullish 1-2 configuration (my main count), or sideways in a black wave 4 (alternate count). Either way, both the main […]
Elliott Wave Analysis of Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Gold Miners ETF (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. It appears we have seen 5 waves up from the October 15 low in the GDX, and price has broken above the corrective trend channel that has contained price since August 27. My target for Wave […]
Elliott Wave Analysis of Gold Miners (GDX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Gold Miners (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The Market Vectors Gold Miners ETF (GDX) has continued to the downside as expected in my last GDX post, but if the attached analysis of the most recent wave structures is correct, the bottom is close at […]
Elliott Wave Analysis of GDX (Gold Miners ETF) by Sid from ElliottWavePredictions
Elliott Wave analysis of GDX (Gold Miners ETF) by Sid from ElliottWavePredictions. Click on the chart twice to enlarge. GDX looks to continue lower, with the next large-degree Fibonacci target at 18.50 (where blue C will equal blue A times 2.618). The movement to the downside since September 2012 appears to be a 5th wave […]
A History of Sid’s Elliott Wave Counts on Gold (XK Futures Contract), as shown in the “EWP ScreenShots” Service
Here’s a chronology of several Gold charts, exactly as posted by my EWP ScreenShots Service since December of last year: December 2, 2012 (daily candles): December 2, 2012 (240 minute candles): December 16, 2012 (240m) December 30, 2012 (240m) January 13, 2013 (240m): January 27, 2013 (240m): February 10, 2013 (240m): February 24, 2013 […]
Elliott Wave Analysis of Gold and Silver by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Gold and Silver, and an update on the British Pound by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Both Gold and Silver appear to be sporting triangles in the middle of the recent downward movement starting February 28/29. Since triangles cannot appear alone in a wave 2 position, […]
Recap of the last two Weekend “Counts” Webinars by Sid from ElliottWavePredictions.com
Here are a few of the predictions and observations presented druring my last two live Sunday webinars (Feb 5 & 12): 1) I’ve been pounding the table the last two webinars that the best opportunity at the moment right now was in currencies, because of a technical expectation of renewed US Dollar strength. Of the major currency pairs, I felt that the USD/JPY pair […]
Quick Update on Gold by Sid from ElliottWavePredictions.com
Quick Update on Gold by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. It looks like the area surrounding my last published Fibonacci target of 1589, which was arrived at based on the historical tendency of extended wave 5’s to equal the net traveled by the same degree waves 1 through 3 is […]
