By Nico Isaac
5/23/2012 5:15:00 PM
Over the last 7 months, gold bulls have had their faith severely tested. So far this year, gold prices have shaved 20% off their value since hitting an all-time high in early September 2011. Now for the bullion-dollar question: Is it time for the gold bulls to hand in the towel?
Filed Under: Bob Prechter, Elliott wave, Elliott Wave Theorist, Gold, gold futures, prechter, precious metals
Category: Gold and Silver
By Jill Noble
5/22/2012 4:45:00 PM
Practical advice from Robert Prechter about how to keep your personal wealth safe, including a special offer from Prechter-recommended GoldMoney.
Filed Under: Elliott Wave Education, Gold, market crash, precious metals, Robert Prechter, safe haven, Traders
Category: Gold and Silver
By Nico Isaac
5/16/2012 5:30:00 PM
What did 91% of gold traders have in common back in late February-early March? Answer: They were all positioned on the wrong side the market; i.e. they were bullish. But on February 29, the uptrend in gold ended, and since then gold prices have seen a $240-plus freefall to a new low for 2012. As for the 9% who saw the drop in gold coming beforehand -- we can name at least ONE member of that minority group: EWI's Metals Specialty Service.
Filed Under: Elliott wave, Elliott Wave trading, Gold, gold futures
Category: Gold and Silver
By Bob Stokes
5/11/2012 4:45:00 PM
The run-ups in silver and gold since 2008 have many precious metals bulls believing that the pullback in recent months is just temporary. What do we see ahead for these two precious metals? I can say that the charts suggest...
Filed Under: economic depression, Elliott wave, Gold, gold futures, liquidity, market forecasts, platinum futures, recession, silver, silver futures, Traders
Category: Gold and Silver
By Nico Isaac
5/8/2012 3:15:00 PM
On May 8, gold prices woke up on the wrong side of the bed -- and then promptly fell out of said bed. Just after 11 am, the precious metal experienced a $40-plus intraday plunge that took prices to their lowest level in 5 months. Dramatic moves like this one raise a really good point: Gold is widely perceived to be the ultimate, can-do-no-wrong financial "safe haven." But it's only safe so long as you stay in front of its volatile twists and turns.
Filed Under: Elliott wave, Elliott Wave trading, Gold, precious metals, safe haven, Traders
Category: Gold and Silver
A Way to Confidently Trade Metals? Keep Talking
EWI’s Metals Specialty Service presents a 30-minute "how-to" video on using the triangle Elliott wave pattern to anticipate major turns.
By Nico Isaac
4/30/2012 5:00:00 PM
Countless people trade in precious and industrial metals markets. But very few of those people trade gold, silver, aluminum and copper with confidence. As a sector prone to double-digit intraday drops and advances retraced entirely only hours later, the fact is this: those who invest in metal markets are often about as relaxed as a bomb diffuser -- never knowing if cutting the green wire will lead to... Kablamo!
Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave trading, Gold, precious metals, Relative Strength Index (RSI), silver, technical indicators
Category: Gold and Silver
By Nico Isaac
4/23/2012 5:45:00 PM
“Tank.” “Suffer.” “Battered to a pulp.” -- these are just a few of the colorful media phrases used to describe the recent performance of silver. As of April 23, silver prices were clinging to the rafters of a three-month low. Here’s another word: “Surprise.” Fact is, for many mainstream experts, silver’s downtrend was not in the "fundamental" cards.
Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, Gold, precious metals, silver, silver futures
Category: Gold and Silver
By Nico Isaac
3/20/2012 5:45:00 PM
In theory, fundamental analysis of financial markets follows a one-size-fits-all formula. One positive news item makes prices rally, while one negative news item makes prices fall. In reality, however, this "one-size-fits-all" formula falls apart when prices move in different directions on the same news. Take, for instance, the recent string of contradictory GOLD news items listed in today's piece.
Filed Under: Elliott Wave trading, Fibonacci, fundamental analysis, Gold, golden ratio
Category: Gold and Silver
An "Acid Test" For Gold
EWI's Metals Specialty Service reveals whether gold prices score in favor of the bulls or bears.
By Nico Isaac
3/9/2012 5:00:00 PM
If you've been following mainstream financial reports on gold for some clue as to the precious metal's near-term trend, you might be experiencing what I like to call a funda-Mental Breakdown. Symptoms include: Illusions that one single news event can move gold prices in two totally opposing directions... within hours of each other.
Filed Under: Chinese markets, Gold, precious metals, Relative Strength Index (RSI), Elliott Wave trading
Category: Gold and Silver
Gold and Silver Take A Flying Leap: Now What?
EWI's Metals Specialty Service uses Elliott wave analysis to reveal today what tomorrow's news will bring for gold and silver.
By Nico Isaac
3/1/2012 1:30:00 PM
February 29, 2012 was a calendar Leap Day. But for the world's biggest precious metal markets, it was Take-A-Flying-Leap-Off-the-Edge-Of-A-Cliff-Day. Gold prices ended the session $77 per ounce lower in their steepest single-day drop in six months. AND silver joined the rout with a near 7% nose-dive.
Filed Under: Ben Bernanke, Elliott wave, fundamental analysis, Gold, precious metals, silver, Elliott Wave trading
Category: Gold and Silver
A 13-Year Trend Channel Line In Gold Sends A Clear Message
Our February Elliott Wave Finanical Forecast presents a compelling chart of a channel line in gold that goes back to 1999.
By Nico Isaac
2/28/2012 4:00:00 PM
Hedge funds love it. Housewives love it. And now, pooch hounds love it. On February 26, the world's fascination with gold reached unchartered "terrier"-tory when the scene-stealing Uggie the Jack Russell dog from "The Artist" sported an 18-carat gold bone-shaped tag to the 84th Academy Awards. So, as demand for gold continues to soar, the question is: Will gold prices do the same?
Filed Under: bailouts, bull market, Elliott wave, Elliott Wave trading, europe, European debt crisis, financial forecast, fundamental analysis, Gold, Greek debt, precious metals
Category: Gold and Silver
Stock Market Bull: Real or Phony?
Robert Prechter's new Elliott Wave Theorist puts the S&P 500 rally to a "golden" truth test
By Nico Isaac
2/27/2012 5:15:00 PM
On February 24, the S&P 500 rose to its highest level in nearly four years after breaking through its long-standing April 29, 2011, peak. And, according to the mainstream experts, there is just one word to describe the S&P's long-term future: "Ole!" Are the bulls right?
Filed Under: Bob Prechter, bull market, Dow Jones Industrial Average (DJIA), Elliott wave, Gold, prechter, real Dow, Robert Prechter, S&P 500, U.S. STOCK MARKET, Wall Street
Category: Stocks
By Bart Bruce
1/20/2012 12:00:00 PM
Robert Kelley, editor of Elliott Wave International's Futures Flash and ETF Flash uses Elliott wave analysis as his primary guide when scouring the financial markets for potential opportunities. Flash analysis also relies on other technical indicators to confirm Elliott wave forecast, identify the trend, and time the suggested entry/exit strategies. In this free 4-minute video clip, Futures Traders Flash editor Robert Kelley shows you how he uses the Volatility Index (VIX) to identify trend reversals in the S&P.
Filed Under: Gold, Nasdaq Composite, S&P 500, silver, technical analysis, technical indicators, Traders, VIX
Category: Stocks
Have You Lost YOUR Way Amidst Gold's Wild Price Swings?
Since gold's early December high, EWI's Metals Specialty Service has consistently recognized critical price action in gold
By Nico Isaac
1/11/2012 4:15:00 PM
In the final months of 2011, the widely watched "gold bull market" started to adopt its name, literally. Meaning, the price action in gold took on the life of a rodeo bull, swinging and bucking wildly in every direction, hurdling off the pundits one by one. Here's the scene: In early December, gold took the bull by the horns with prices nearing a lofty $1740 per ounce. Three major events were said to keep the hooves firmly planted to the ground
Filed Under: Elliott Wave trading, fundamental analysis, Gold, precious metals, safe haven
Category: Gold and Silver
By Bob Stokes
1/9/2012 6:00:00 PM
Companies favored by the conventional wisdom as good for the long run may not even live to see the "long run," let alone perform well along the way. In the just published January Financial Forecast, you'll see a chart of a well-known "blue chip" which appears to be ready for a "meltdown"...
Filed Under: buy and hold, Dow Industrials, Elliott Wave Theorist, financial forecast, Gold
Category: Stocks
By Nico Isaac
12/27/2011 3:30:00 PM
According to the famous song -- on the fifth day of Christmas, "my true love gave to me five golden rings." So, on the third day of Christmas (December 27, 2011), I'm giving you THREE things to know about the flaunted asset GOLD that completely go against mainstream financial wisdom.
Filed Under: fundamental analysis, Gold, recession, safe haven, Wall Street
Category: Gold and Silver
By Editorial Staff
12/16/2011 9:45:00 AM
In the world of physics, action is followed by reaction. Most financial analysts, economists, historians, sociologists and futurists believe that society works the same way. They typically say, “Because so-and-so has happened, such-and-such will follow.”
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave Principle, Gold, precious metals, Robert Prechter, social mood
Category: Classic Prechter
Have Gold Prices Gone "Rogue"? Not Exactly
EWI's Metals Specialty Service reveals that gold's seemingly chaotic sell-off actually fits within the Elliott wave rules and guidelines
By Nico Isaac
12/14/2011 3:15:00 PM
According to a December 6 Financial Times, "gold has been a conundrum in the past couple of months." Namely, gold prices have fallen despite a slew of "safe-haven" supportive news events. Today, I'm sitting down with EWI's trader-focused Metals Specialty Service to see how gold's recent decline, while puzzling to fundamental analysts, actually falls within the laws of Elliott wave analysis.
Filed Under: contracting triangle, Elliott wave, Elliott Wave trading, Gold, precious metals, Relative Strength Index (RSI), safe haven, technical indicators
Category: Gold and Silver
By Nico Isaac
12/13/2011 3:15:00 PM
Despite its "ultimate safe-haven" status and the worsening European debt crisis, gold has only gone down in December. On December 12, the precious metal plunged more than 3% in its steepest single-day drop in three months. Are gold bulls' days numbered? Well, today (December 13), I am sitting down with EWI's Financial Forecast Service co-editor Pete Kendall to discuss the move.
Filed Under: Elliott wave, Elliott Wave trading, European debt crisis, fundamental analysis, Gold, safe haven
Category: Gold and Silver
By Bob Stokes
12/9/2011 5:15:00 PM
When gold traded below $300 a decade ago, few investors were interested. Now that prices have quintupled, there are countless gold bulls -- even with the precious metal off its high. The Elliott wave pattern of gold prices is signaling a timely message...
Filed Under: Elliott wave, Gold, mania, precious metals, Robert Prechter, silver
Category: Gold and Silver