Elliott Wave InternationalmyEWISocioniomics.Net

Gold ETFs Are Forced to Sell
ETFs dispose of 600,000 pounds of the yellow precious metal

By Bob Stokes
5/22/2013 4:15:00 PM

ETF gold holdings peaked in December 2012 and have since contracted. The editor of ETF Trends calls the disposal of over 600,000 pounds of gold so far in 2013 "amazing,' and "incredible." Learn how to get a FREE copy of EWI's Special Gold & Silver Report.

Filed Under: all the same market theory, commodities, Elliott wave, Gold, gold futures, quantitative easing, silver, silver futures

Category: Gold and Silver


The Dispossession of Silver Prices
The price rout of the white metal followed its Elliott wave pattern a 'T'

By Nico Isaac
5/20/2013 6:00:00 PM

The recent selloff in silver kicked into high gear on April 15, when prices plummeted 11% to a two-year low. A strong rebound followed with prices rallying within spitting distance of $25 in early May. And then the floor fell out from under silver once again. In early Asian trading on May 19, silver sank 9% to an intraday low of $20.24, a 32-month nadir...

Filed Under: contracting triangle, Elliott wave, Gold, gold futures, precious metals, silver, silver futures, Traders

Category: Gold and Silver


The Gold U.F.O.: Unexplainable Falling Object?
There is no conspiracy behind the persistent weakness in gold

By Nico Isaac
5/17/2013 5:15:00 PM

According to a growing number of well-respected sources, the downtrend in gold is a great and artful conspiracy. Yes, they're serious. The 'I smell a rat' notion stems from the widely-held belief that prices in major financial markets do not suddenly fall off cliffs. Gold is not supposed to be as volatile as lesser commodities, but instead be an insurance against panic.

Filed Under: Elliott wave, Gold, gold futures, precious metals, Traders

Category: Gold and Silver


Gold: Will Crash-Like Conditions Continue?
"Take a step back. We've broken support. We're well below it. It's a key shelf. Unless you rally and close back above this 1520-1535 zone, you've got to be bearish looking for lower prices."

By Nico Isaac
4/15/2013 5:15:00 PM

"Crash-like conditions," "panic selling" – those are just two phrases used to describe the massive sell-off underway in gold since Friday, April 12. On Monday, April 15, gold prices plummeted 10% in their biggest single-day decline in three decades.

Filed Under: copper futures, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, Gold, gold futures, platinum futures, precious metals, silver, technical analysis, trade targets, volatility

Category: Gold and Silver


The Near-Term Bases are Loaded in Gold and Silver
EWI's Metals Specialty Service intraday analysis reveals whether precious metal bulls or bears will soon come out ahead

By Nico Isaac
4/10/2013 3:15:00 PM

Since April 1, precious metal bears should have been happier than a baseball fan sitting behind homeplate on Opening Day. Because, while that date did begin the 2013 Major League season, it also marked the start of a sizable downtrend that saw gold and silver prices plunge to nine- and eight-month lows, respectively.

Filed Under: Elliott wave, Gold, gold futures, precious metals, silver, silver futures, Traders

Category: Gold and Silver


Gold Bulls Cry Inflation, Again
Here's what the evidence says about gold as an 'inflation hedge'

By Nico Isaac
3/15/2013 6:15:00 PM

Conventional economic wisdom says that inflation is to gold prices what rabbit is to a dog on a leash. In other words: The one causes the other to break loose and run wild. This notion was all-too apparent on March 15. That day, a Labor Department report revealed a .7% rise in US consumer prices in February, the sharpest increase in four years. When gold prices shot higher at the open, the usual experts put two and two together...

Filed Under: Elliott wave, Gold, gold futures, inflation, monetary policy, precious metals, quantitative easing, silver, Traders

Category: Gold and Silver


If Gold Prices Cross This Line, There May Be No Turning Back
The new Metals Specialty Service video reveals what level to keep your eyes glued to in the coming days

By Nico Isaac
2/14/2013 6:30:00 PM

Valentine's Day will lead many a couple to raise their wine glass and toast that crazy little thing called love -- and in some cases a diamond ring. Yet the shiny bauble on many other minds won't be a diamond -- it'll be gold. Specifically, all the ways you can invest in the yellow metal, from holding physical bars, to ETF's, ETN's, mining stocks, or commodity trades.

Filed Under: Elliott wave, Gold, gold futures, safe banks, Traders

Category: Gold and Silver


Market Insight: Gold, Silver, Palladium

By Vadim Pokhlebkin
1/22/2013 11:15:00 PM

Commenting on the recent rise in gold prices, Mike Drakulich, the editor of EWI's trader-focused Metals Specialty Service, notes that...

Filed Under: Elliott wave, Elliott Wave trading, Gold, gold futures, silver, silver futures

Category: Gold and Silver


Market Insight: Gold and Silver Finish 5 Waves Down
Watch Elliott waves in action as the markets trade

By Vadim Pokhlebkin
11/7/2012 5:00:00 PM

November 7, Mike Drakulich, editor of EWI's Metals Specialty Service: "The most interesting aspect of my markets is gold and silver's 5-wave declines that were completed on Monday (Nov. 5)..."

Filed Under: Elliott wave, Elliott Wave trading, Gold, gold futures, silver, silver futures

Category: Gold and Silver


Gold: Down $40 in 4 Days. Has the Downtrend Ended?
An example of how EWI's Metals Specialty Service used objective Elliott wave analysis to anticipate gold's selloff -- before it occurred.

By Nico Isaac
9/26/2012 5:45:00 PM

Over the past week, near-term gold bulls have had their hat handed to them. After hitting a new high for the year on Sept. 21 at $1790 per ounce, gold prices fell $40 in 4 days before rebounding off a 2-week low on Sept. 26. As for what caused the precious metal's slide, the mainstream experts had this theory to offer...

Filed Under: Elliott wave, europe, fundamental analysis, Gold, gold futures, precious metals, safe haven, Traders

Category: Gold and Silver


Another Big Down Day In Gold: Should You Be Getting Used To This?
EWI's Short Term Update identifies a crucial price support level that, if broken, would send gold solidly in bearish territory

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, Robert Prechter, precious metals

Category: Gold and Silver


Gold Erases This Year's Gains: Were You Part of the 9% That Saw The Drop Coming?
Here's what helped EWI's Metals Specialty Service to identify the major turning points in gold before they occurred

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


Gold and Silver: Hedges Against a Financial Downturn?
You might be surprised by the answer

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


Robert Prechter Explains The Fed, Part I
The world's foremost Elliott wave expert goes "behind the scenes" on the Federal Reserve

By Vadim Pokhlebkin
9/30/2011 2:15:00 PM

The ongoing economic problems have made the central bank's decisions -- interest rates, quantitative easing, monetary stimulus, etc. -- a permanent fixture on six-o'clock news. Yet many of us don't truly understand the role of the Federal Reserve. For answers, let's turn to someone who has spent a considerable amount of time studying the Fed and its functions: EWI president Robert Prechter. Today we begin a 3-part series...

Filed Under: Club EWI, deflation, Elliott wave, gold futures, monetary policy, monetization, quantitative easing, Robert Prechter, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


Gold Fever: Broken, or Ready to Heat Up Again?
"Exponential rises never end moderately..."

By Bob Stokes
9/26/2011 5:00:00 PM

Is "gold fever" broken, or do we expect prices to heat up yet again?...

Filed Under: Elliott wave, Gold, gold futures

Category: Gold and Silver


Did the Recent 7-week Rally Lull You to Sleep?
Here's why you SHOULDN'T get too comfortable

By Vadim Pokhlebkin
9/26/2011 4:00:00 PM

Bear markets are cunning beasts. Don't get me wrong -- we are not in the bear market territory yet. At least, not officially. But look at this chart of the DJIA...

 

Filed Under: Bear market, debt crisis, deflation, Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Gold, gold futures, inflation, Nasdaq Composite, Robert Prechter, S&P 500, safe haven, silver, silver futures, U.S. dollar

Category: Stocks


Gold's Sinkhole: Unprecedented $120 Plunge in One Day
What told EWI's Metals Specialty Service editor to expect gold's dramatic selloff?

By Nico Isaac
9/26/2011 3:45:00 PM

The giant sinkhole in gold prices keeps yawning wider. Since kicking into low-gear on September 22, gold prices have plunged 9% in their steepest three-day drop in 28 years. On September 23, gold endured a never-before-seen $120/day intraday wipeout. EWI's Metals Specialty Service might have some answers for you...

Filed Under: debt crisis, deflation, Elliott wave, Elliott Wave trading, gold futures, inflation, safe haven, silver, silver futures

Category: Gold and Silver


Gold: Does This Sound Bullish To You?
Gold loses $200 in three days: buying opportunity, or more losses to come?

By Vadim Pokhlebkin
8/25/2011 1:45:00 PM

On August 24, as gold was falling to its biggest one-day loss in 31 years, one headline said, "DJIA Wobbles, VIX Gains as Uncertainty Rises" -- which raises the question: If gold is supposed to be the ultimate hedge against "uncertainty," how come it's falling when uncertainty is rising? Something strange is going on with gold -- if you go along with the conventional perspective, that is. But then there's the Elliott wave perspective...

Filed Under: central banks, Elliott wave, Gold, gold futures, Robert Prechter, risk appetite, safe haven

Category: Gold and Silver


Gold Touches Important Trendline: What Now?
EWI's intensive Metals Specialty Service brings you unconventional perspectives on gold and silver

By Vadim Pokhlebkin
8/23/2011 4:30:00 PM

Most analysts and investors spend time debating about this or that "fundamental," which did (or maybe didn't) push the price of gold higher (or lower). But there is a more objective way to analyze precious metals: technical analysis. Editor of EWI's intensive Metals Specialty Service Mike Drakulich employs Elliott waves -- which rely on a defined, objective set of rules and guidelines...

Filed Under: copper futures, Elliott Wave trading, futures trading, Gold, gold futures, silver, silver futures, trendlines

Category: Gold and Silver


Gold: Surefire Safe-haven OR "Dangerous Territory"?
Latest intraday forecasts from EWI's Metals Specialty Service reveal why gold's price action now warrants extreme caution

By Nico Isaac
8/9/2011 11:45:00 AM

Over the past few days, the financial world has been wrought with turmoil and turbulence. According to many the mainstream experts, one safe haven from the chaos is gold.  

Filed Under: credit rating, Dow Jones Industrial Average (DJIA), Elliott Wave trading, gold futures, safe haven, volatility

Category: Gold and Silver


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.