Elliott Wave Analysis of Gold – December 18th, 2023
The price of gold spiked last week after the Fed signaled that rate cuts are on the way in 2024. Is this rally sustainable,...
The price of gold spiked last week after the Fed signaled that rate cuts are on the way in 2024. Is this rally sustainable,...
The price of gold spiked last week after the Fed signaled that rate cuts are on the way in...
The support near $68 a barrel spoiled the bear party and sparked a recovery to over $72 in the price of WTI crude oil...
The support near $68 a barrel spoiled the bear party and sparked a recovery to over $72 in the...
The Fed declared that it was open to as many as three rate cuts in 2024 and propelled the SP500 2.5% higher last week....
The Fed declared that it was open to as many as three rate cuts in 2024 and propelled the...
USDJPY is plunging after the Fed held rates unchanged on Wednesday and announced its intentions for three rate cuts in 2024. How low is...
USDJPY is plunging after the Fed held rates unchanged on Wednesday and announced its intentions for three rate cuts...
The price of Bitcoin is down by nearly $3000 this week on a combination of profit taking and worries about interest rates in 2024....
The price of Bitcoin is down by nearly $3000 this week on a combination of profit taking and worries...
The price of gold is down for the second week in a row and searching for support below the $2000 mark now. Will the...
The price of gold is down for the second week in a row and searching for support below the...
USDCAD is slightly up this week, but it is the Fed's rate decision and Jay Powell's commentary later today, which can make or break...
USDCAD is slightly up this week, but it is the Fed's rate decision and Jay Powell's commentary later today,...
EURUSD is slightly up this week ahead of the ECB's policy decision on Thursday as traders expect the bank to keep rates unchanged. Would...
EURUSD is slightly up this week ahead of the ECB's policy decision on Thursday as traders expect the bank...
Despite OPEC's best efforts to boost the price, WTI crude oil keeps plunging on soft demand and oversupply fears heading into 2024. Is there...
Despite OPEC's best efforts to boost the price, WTI crude oil keeps plunging on soft demand and oversupply fears...
The SP500 is up for the seventh straight week with all eyes on the Fed's interest rate decision on Wednesday. Can Jay Powell spoil...
The SP500 is up for the seventh straight week with all eyes on the Fed's interest rate decision on...
The rise of e-commerce was widely expected to kill the brick-and-mortar retail industry. Amazon’s dominance is undeniable as the company’s sales keep growing largely...
The rise of e-commerce was widely expected to kill the brick-and-mortar retail industry. Amazon’s dominance is undeniable as the...
Jamie Dimon's hostile remarks that Bitcoin is worthless and should just be banned had no effect on the price, which keeps hovering around $44k....
Jamie Dimon's hostile remarks that Bitcoin is worthless and should just be banned had no effect on the price,...
A hawkish hint by the BOJ was all it took to drag USDJPY down by over 500 pips last week before US labor data...
A hawkish hint by the BOJ was all it took to drag USDJPY down by over 500 pips last...
EURUSD fell sharply last week after strong US labor market data implied that the Fed might not start cutting rates as soon as some...
EURUSD fell sharply last week after strong US labor market data implied that the Fed might not start cutting...
WTI crude oil added a seventh straight week to its losing streak despite OPEC's efforts to boost prices by promising to cut supply in...
WTI crude oil added a seventh straight week to its losing streak despite OPEC's efforts to boost prices by...
USDCAD finished in the green for the first time in four weeks after strong labor data implied that the Fed might take its time...
USDCAD finished in the green for the first time in four weeks after strong labor data implied that the...
Gold spiked to a new all-time high of $2149 last week, but the breakout turned out to be a fake one as the price...
Gold spiked to a new all-time high of $2149 last week, but the breakout turned out to be a...
The SP500 added a sixth consecutive week to its winning streak after labor market data improved the odds of a recession being avoided. Is...
The SP500 added a sixth consecutive week to its winning streak after labor market data improved the odds of...
If it wasn’t for Walmart and Amazon, Costco would be biggest retailer in the US and the world. The late Charlie Munger, Warren Buffett’s...
If it wasn’t for Walmart and Amazon, Costco would be biggest retailer in the US and the world. The...
Bitcoin 's stratospheric ascent continues as the price confidently took out the $40k mark and is now up by 165% this year. How far...
Bitcoin 's stratospheric ascent continues as the price confidently took out the $40k mark and is now up by...
Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any hope left for the bulls?...
Crude oil 's losing streak continues as the price is down for the seventh straight week. Is there any...
USDCAD is attempting to stage a comeback after three weekly trading sessions in the red. In today's Elliott Wave update we identify the key...
USDCAD is attempting to stage a comeback after three weekly trading sessions in the red. In today's Elliott Wave...
EURUSD is down by nearly 250 pips in just five trading days. Can the recovery we saw over the past two months still evolve...
EURUSD is down by nearly 250 pips in just five trading days. Can the recovery we saw over the...
USDJPY is slightly up, but mostly unchanged as forex traders are already looking forward to the Fed's interest rate decision next Wednesday. In our...
USDJPY is slightly up, but mostly unchanged as forex traders are already looking forward to the Fed's interest rate...
Gold spiked to a new all-time high of $2149 on Monday and likely triggered a lot of stop-loss orders placed just above the $2075...
Gold spiked to a new all-time high of $2149 on Monday and likely triggered a lot of stop-loss orders...
The SP500 has barely moved this week as volatility drops in anticipation of the Fed's next interest rate decision on December 13th. Elliott Wave...
The SP500 has barely moved this week as volatility drops in anticipation of the Fed's next interest rate decision...
2023 wasn’t quite good for Simon Property Group shareholders until about two months ago. The stock had started the year above $118 a share,...
2023 wasn’t quite good for Simon Property Group shareholders until about two months ago. The stock had started the...
It’s been over a year since Liz Truss’ mini-budget plunged GBPUSD to under 1.0400 in September, 2022. The Pound Sterling is looking much better...
It’s been over a year since Liz Truss’ mini-budget plunged GBPUSD to under 1.0400 in September, 2022. The Pound...
The price of Bitcoin finally left the gravity of $38k and came close to the $40k mark. Do the bulls have enough fuel left...
The price of Bitcoin finally left the gravity of $38k and came close to the $40k mark. Do the...
USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell. Is the uptrend officially over?...
USDJPY finished in negative territory for the third straight week on rather dovish remarks by Fed Chair Jerome Powell....