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 & Hurst Cycle Analysis of Silver (XY futures contract), & the US Dollar (DX Index) by Sid from ElliottWavePredictions.com
Elliott Wave & Hurst Cycle Analysis of Silver (XY futures contract), & the US Dollar (DX Index) by Sid from ElliottWavePredictions.com. Click on the charts to enlarge. By utilizing a combination of Elliott Wave and Hurst Cycle Analysis, I believe silver will put in a significant bottom in about 3 weeks. As the daily chart […]
Revised Long-Term Elliott Wave Count on Silver (XY futures contract) by Sid from ElliottWavePredictions.com
Revised Long-Term Elliott Wave Count on Silver (XY futures contract) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Upon re-examination of a 100-year (admittedly inflation-adjusted) chart of Silver (shown courtesy of a screenshot of a chart found at Macrotrends.net), it seems most likely that the century-long upward move through 1980 was a […]
Elliott Wave Analysis of Silver (XY Futures Contract) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Silver (XY Futures Contract) by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge. Yesterday’s overlap in Silver below the May 2008 high of 22.862 prompted a fresh look back at historical spot silver price data, and the attached chart is the initial result. First, let me say that I’ve […]
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, […]
