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
This past week, I have been sent several “stories” that the dollar is going to absolutely “crash” on September 30th, which will supposedly cause metals to rally to the moon and beyond. And, as I have noted in my Trading Room oh so often,...
If you remember, two weeks ago, the sentiment in the metals complex was quite bearish. Yet, as I noted last weekend, I had an issue with an immediate drop lower:
Yes, you heard me right. The miners are setting up in a pattern which can see them double within the next nine months. So, let me explain. But, before I get into that explanation, I want to preface this write up by saying that I put a lot...
The market action this past week started out quite strong, and raised many hopes. However, since I do not have a clear 5 wave structure confidently developed off the recent lows, I have to put hopes aside, and view the market in a...
After coming into this past week still expecting the GDX to test a bit lower towards our 28.50-29 region support level, we clearly tested that region. However, the market did not pass that test. With the market breaking down below our...
This past week certainly saw a lot of action in the metals, but we did not see any real movement by the time we closed the week. In fact, gold and silver ended near where they began for the week, whereas GDX did have a little upside...
Last weekend, I prepared you for the potential set up for the 3rd wave to much higher levels in the metals complex. More specifically, I provided you with a map as to how the 3rd wave set up would look on the GDX, should the market comply...
In Elliott Wave parlance, 3rd waves are the segment of a trend move which provides the strongest market action. This is why we are always on the “lookout” for the set-ups for 3rd waves. Whereas silver has already seen the heart of a 3rd...
Much has been written over the last several months about the metals market. In fact, I have seen an explosion in the number of people who are providing their “opinion” about this market, most of whom I have never heard from in the prior...
Five years after their 2011 highs, the prices of metals stocks, as well as the metals themselves, dropped to levels many never expected back in 2011. And, as the market dropped deeper and deeper into the abyss, most market participants...
