ew-forecast.com's  Instablog

ew-forecast.com
Send Message
We are providing technical analyzes for the financial markets and how they behave based on the Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points a market is most likely to turn. And that, in turn, gives you guidance as to where you might enter... More
My company:
ew-forecast
  • GOLD & Crude OIL Intraday: Elliott Wave Forecast 0 comments
    Apr 1, 2014 6:57 AM | about stocks: GOLD

    We were anticipating a new low on gold yesterday because of a triangle in wave iv) and we got it. Notice that market made five waves down, so now we need to be aware of a corrective reversal in three legs. Tops and bottom are always a long process, so it may take time before market goes back above 1296 level to confirm ongoing three wave rally.
    GOLD 1h Elliott Wave Analysis

    Oil is very slow Since Thursday already, which is fine as slow and overlapping price action in tight ranges usually represent a corrective price action, or a pause within larger trend. We still see current pullback from 102.20 as wave four, so sooner or later price is expected to break to a new high.
    Crude Oil (May 2014) 1h Elliott Wave Analysis

    Elliott Wave Webinar: March 31 2014

    Coverage: GOLD, OIL, Coppper, Sugger, EURUSD, GBPUSD, AUDUSD, USDJPY >> View Here

    Stocks: GOLD
Back To ew-forecast.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • USDCHF: Before Brexit happened and today! Just listen the price action. https://t.co/M9drn1oKNw
    Jun 24, 2016
  • Regarding ‪#‎GBPUSD‬.. technicals suggests limited upside http://goo.gl/qErM25
    Jun 23, 2016
  • so where is VIX? price falling from 22 to 18.40 now. so far nice reaction from 61.8% as mentioned last week >>>http://goo.gl/K4S2xY
    Jun 20, 2016
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.