Avi Gilburt
Elliot Wave Technical Analyst & author @ Elliott Wave Trader
Avi Gilburt is a widely followed Elliott Wave technical analyst and author of ElliottWaveTrader.net, a live Trading Room featuring his intraday market analysis (including emini S&P500, metals, oil, USD & VXX), interactive member-analyst forum, and detailed library of Elliott Wave education. You can contact Avi at: [email protected].
Avi Gilburt Articles
As we move into the 5th year of this correction in the metals, I would like to take us back a bit in history before we move forward to our expectations, which should be instructive as to how we will be turning bullish in 2016. I also want...
For the last five months, the miners have basically oscillated within the same general region, while the metals have made lower lows. But none of the charts seem to have completed their respective downside structures.
As we prepare to bid adieu to yet another year and begin the year 2016, I wanted to share some thoughts about which I have been pondering.
As I have said on numerous occasions, there are several patterns that I find hard to rely upon in any chart, and one of those is a truncated bottom. This is the only way in which one would be able to consider that the metals have...
As I noted over the weekend the bears are bearish, the bulls are bearish and the gold bugs have resigned themselves to “hoping.”
As I am prone to do, I often review recent articles about the metals to gauge the pulse of the market. While I will never rely on another person’s perspective, I always want to have a general understanding, at least anecdotally, of how...
As many were running out shopping on Black Friday for what they viewed as the “deals of the year,” I sat in my office contemplating the precious metals. And, it made me think about human nature.
Ben Franklin used to say that “pain instructs.” But, based upon the continued unjustified faith by investors in what has been published these last 4 years as “analysis,” I am not so certain this maxim has application within the metals...
The silence is deafening. Week after week for the last 4 years has seen each lower low in metals and miners met with a bottoming cry by many in the market. However, the silence has been noticeable at these current lows.
It never gets old. Week after week, the lower the price of gold drops, the more articles I see saying the exact same thing: Gold is being manipulated to go down. So, I feel it is only fair for someone to present some reality to the...