first majestic silver

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

Believe me when I tell you that I so want to be uber-bullish the metals at this time based upon the larger degree structure, especially in silver.
Back in October and early November, I was preparing our members for the next rally phase I was expecting in the metals complex.  And, when the 144-minute MACD on the silver chart signaled a bottom in early December, I noted it was no...
Originally published on Sat Dec 28 for members of ElliottWaveTrader.net:   When I peruse the comments on our Elliottwavetrader site alone, I am seeing a myriad of “beliefs” as to what the metals are doing and will be doing.  Most of such...
As a student of market history, I always find it interesting, and even sometimes quite comical, how certain fallacies about markets are continually propagated by investors and analysts alike. Throughout my career in writing about metals, I...
Originally published on Sat Dec 21 for members of ElliottWaveTrader.net:   When the metals are in a bear market, metals enthusiasts are frustrated.  And, even when the metals are in a bull market, metals enthusiast become frustrated.  This...
I know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents?
I want to take you back a bit in time so you can develop the appropriate perspective of a bottoming process in the metals market.
With the latest news of Louis Bacon’s closing down his hedge funds, we are seeing further evidence of the difficulties hedge funds have been having during recent years.
Many people feel that the metals are too hard to trade.  Personally, I view them as much easier to trade since they are a rather pure sentiment trade. And, they have acted almost perfectly within our expectations of late.
When the GLD dropped down off the October 25th high in a 5-wave structure, this provided us with the warning that a deeper c-wave can take hold.  In fact, as we began the rally off that 5-wave decline, I began noting in our trading room...

In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.

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