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Gold May Be on Fire, But a Drone Strike Did NOT Light the Keg

by Nico Isaac
Updated: January 08, 2020

Q: What's the Best Way to Miss A Rally in Gold?

A: To Wait on After-the-Fact Stories That Link Big Price Moves to "Big News" Reports

Chart of the Day just showed you a case-in-point of how this happens: After gold began to rally, financial news said military action was the cause. Backwards reporting like that happens all the time, for virtually all big financial market moves.

You also saw how our Elliott Wave forecasts alerted subscribers before gold's rally (and way before the supposed "cause").

We can help you spot both short- and long-term trend changes -- in Europe, and around the world.

See which service fits your needs best.

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European Financial Forecast Service is our primary service covering key markets in Europe including the DAX, FTSE 100 and 250, CAC-40, AEX, SMI, IBEX 35, S&P/MIB, Dow Jones Euro Stoxx 50, RTS, CECE Overall Traded Index, euro and more.

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Acadia Pharmaceuticals Soars to Record Highs: Were You in Line When it Was Time to Buy?

In April 2019, Acadia shares did not look like a "buy" -- earnings were down and the company was under investigation. But now see what Trader's Classroom said about where the stock would go, and what followed.

Russia: How Financial “Complacency” Morphed into “Crisis”

In January, one of EWI’s global analysts showed the strong rise in Russian stocks and issued a cautionary note to subscribers. Learn how that warning came just in the nick of time. These two charts say it all.

Cotton Futures: From Multi-Year High -- TO -- Decade Low. It's Not About the Virus!

In mid-2018, news stories about cotton led traders to expect a rally. Yet our June 2018 Monthly Commodity Junctures anticipated a very big decline. See what actually happened, via Chart of the Day.