Elliott Wave Analysis of ASA (Gold & Silver Stocks) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of ASA (Gold & Silver Stocks) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. From Yahoo Finance: “ASA Gold and Precious Metals Limited is ASA a self management investment trust. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in […]
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 […]