GC-7-22-19

Subscribe to Daily Updates and Trading Setups in Gold and Miners Gold looks having topped in wave ( iii ) up Gold has been nicely following the classic Five Wave up fractal starting off a major low made in August 2018. Here gold has topped into a strong confluence of Read more…

Gold-6-26-19

JOIN MY PREMIUM CHAT TO GET REGULAR UPDATES OF GOLD & MINERS Gold – too early to look for a top of this rally Gold has been nicely following the Five Wave up fractal off the low made at 1,191.60 made on August 16, 2018. It is currently moving in Read more…

GC-3-25-19

Gold should stretch to 1,326-1,328 to confirm its bullish intentions In my previous update on gold posted on 13 March 2019 I wrote: “we should expect a rally in wave A of 5 targeting the previous 1,349 top of the wave 3 up made on 19 February 2019.” Since then Read more…

GC-3-13-19

Gold – has a clean bullish count targeting new higher highs later in 2019 In my previous post dated 1 March 2018 I provided you with expected bottoming area for a corrective wave ( iv ) down in between 1,286 and 1,273. On 7 March 2019 Gold bottomed with a Read more…

GC-3-1-19

GC – it topped in wave (iii) up without expected final push higher Off the August 2018 low gold has been following the five wave up fractal. In the previous update posted 25 Feb 2019 I noted that gold has hit an important 223.6% extension of the wave (a) of (i) Read more…

GC-2-25-19

Gold – has enough waves for the top of the wave ( iii ) up but would look better with one more push higher On February 20th Gold made a top at 1,348.1. That was an important 223.6% extension of the wave ( a) of ( iii ) up. The Read more…

GC-2-19-19

Gold – nailed that rally! But don’t be in a hurry to short it! Eighteen days ago, on 1 February 2019, when Gold topped at 1,331 I warned that we should get another rally to a new higher high after a brief pullback: ” we may get a shallow pullback holding Read more…

GC-2-6-19

Gold – has been holding the rising channel of the wave ( iii ) up The count I posted in the previous post is unchanged. This pullback should hold inside the raising channel and give us another rally to a new high in 1,347 – 1,360 area. From that top Read more…

GC-2-4-19

Gold – may need one more high to top in wave ( iii ) up As I noted in my previous post on Gold, “the structure of the rally in wave (c) of ( iii ) up is incomplete. That makes me think that we may get a shallow pullback Read more…

GC-2-1-19

Gold has arrived into the target zone for the wave ( iii ) up Gold has stopped at the resistance zone I outlined in my previous post on 29 January 2019. The problem though is that I expected a move shaped as a-b-c but instead we got an impulsive rally Read more…

GC-1-29-19

GOLD – one more rally to 1,330+ is a good spot to hedge longs This morning gold has gapped up right into my red target box from the chart I posted yesterday. At this point any meaningful pullback in wave b down may be bought to ride anther push up Read more…

GC-1-28-19

Gold – this rally has legs to go higher, but the bigger picture is not bullish Let’s start from looking at a structure of a rally that started in August 2018. It has been nicely following a classic five wave up fractal .  Gold – 120 min chart updated on Read more…

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