Updated Elliott Wave Analysis of ASA by Sid from ElliottWavePredictions.com
Updated Elliott Wave Analysis of ASA by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. Back on July 2nd, I posted a workup on ASA Gold and Precious Metals Limited. Since then, ASA has continued lower, and yesterday reached a significant Fibonacci target of $8.94, where wave 5 blue equaled the net traveled by […]
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 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 charts to enlarge. As many who follow my work know, I’ve been singing a bullish tune on Gold ever since I counted the terminal downward thrust from the burgundy X wave triangle complete in November 2014. As the weekly chart […]
Technical Analysis of Silver Wheaton Corp. (ticker: SLW) by Sid from ElliottWavePredictions.com
Technical Analysis of Silver Wheaton Corp. (ticker: SLW) by Sid from ElliottWavePredictions.com. Silver Wheaton (SLW) is showing clear signs that it’ll be producing a 5-wave, non-overlapping Elliott Wave impulse to the upside from its November 11 low. The 60-minute chart really tells the tale, as an almost unmistakeable wave 4 (pink) triangle is forming. The […]
Elliott Wave and Associated Fibonacci Analysis of the AUD/USD Currency Pair (by Sid from ElliottWavePredictions.com)
Elliott Wave and Associated Fibonacci Analysis of the AUD/USD Currency Pair (by Sid from ElliottWavePredictions.com). The Aussie is nearing a area of strong support. Since Gold and the Aussie are often highly correlated, Gold could easily follow a similar roadmap. Often, the stock “ASA” can be used as a proxy for Gold. See the potential […]
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 (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 […]
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, […]
