hi Mave, i don't have links handy for those, but everything about SDR is on the IMF website and as for NWO, I substitute it with NWA!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Rhodie, Thanks for gifting us with your words of wisdom. 2 questions: 1) Where are you getting your statistics from? 2) Does your quotation marks around "predicting the future" also apply to your own statement "This week we say goodbye to the ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

hi Ramses, Yes, your alt count shows the i-ii relabeled as 3-4 and I sat with that for about 3 hours! What changed my mind was the massive divergence showing at lower TFs. You mention RSI looking bullish. On your chart, take a look at what happens ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

hi Olu, hope you're well! I just posted and then noticed your chart. What you show is plausible but consider the tendency of Metals and Commodities to extend their 5th waves. In this case, that late June advance that a lot of people are counting as ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold M15 - uptrend EW count The chart shows three counts: the white count assumes an ongoing downward correction in which the current advance is doomed to turn lower once 1,400 has been achieved. An alternate "ending" for wave 5 is shown in blue - ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The diagram you show is the idealized wave pattern - it's rare to find that in the wild. Additionally, I think the entire wave advance is a diagonal and not an impulse. Which is a different count: instead of impulse 5-3-5-3-5 it is 3-3-3-3-3

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ramses, Look at wave1: 3w then 5w - classic herald of a diagonal but I missed it until yesterday! Then (as you have) ABC to 2; ABC to 3; ABC to 4 and ABC to where PA is right now. I'd expect we go down in a 2nd wave to 62% or if the diagonal theme ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

That top TL on my chart is a target - but as i explain it is a characteristic of expanding diagonals that the last wave (5) more often than not fails to make target. Most people use "target" in the sense that it is what is being aimed for - But hit ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Gold PA in an expanding diagonal which tells us 2 things: 1) this is the last large degree wave up before correction 2) as is the nature of expanding diagonals, the current wave 5 will most likely not reach the upper TL As I write PA is still trying ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

nice algo action on 5sec TF - else a contracting triangle becoming an expanding triangle by human action (possible) image

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Morning all, Does anyone know a source for historical OHLC data for Gold? I have downloaded a spreadsheet from Kitco but the data is EOD only. Googling this brings up similar (EOD) and paid for databases. I imagine the data exists for free like it ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

understand where you're coming from - a fair judgement. Yes, 'infinitus' is well advanced in EW and his thread is called "The Club!". He posts a Gold chart analysis now and again.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Ramses, I think what you point out is exactly strict adherence to technicals: It's bouncing along the top of a trendline! any break below and a new price pattern will emerge. Bitcoin PA does zigzag a lot - even as it draws out an impulse (like at ...

Bitcoin technical analysis

Well said, On the point of having a teacher, that is invaluable, because by one-self and without a mentor it can be daunting - eventhough EW rules and guidelines are actually simple - it's about practice, practice, practice to get your eye (pattern ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Lot of turbulence in the 1330's... it seems to be wanting to push up but there is a tussle on for direction, so i'll sit it out until a direction emerges. Good Luck all

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The definitive EW textbook is called "Elliott Wave Principle" by Frost and Prechter. A good EW thread is Luis Carlos's "Elliott Wave Outlook" and also look at "Five waves don't lie but they do tell fibs" by The Cableguy - especially the introductory ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Bad Luck, eh? anyhow, good to know I'm not the only shmuck in the market yesterday! funny how we choose those critical moments to engage in tasks that detract from our bread-and-butter. It's happened to me a few times now that I decide to make a ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hi XTrade! Good to see you here. I think you're acquainted with theDHT - he's on a research break and will be around now and again for a few weeks. Looking forward to your position trade exposition!

Sultans of Swing

sorry to see that entry stop out - eventhough i did not take a trade, I thought your entry was promising. As for me, I completely messed up a great Gold opportunity last night. Basically fumbled my initial entry on a "London head fake" and then lost ...

Sultans of Swing

I detest missing strong moves - especially if I saw one coming... Yesterday I missed most of the 5th wave going up (as correctly anticipated by the green PA path and Oct Pivot on my analysis chart) because I got suckered by the UK market open. I saw ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread