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
I want you to take note of the title to this write up. I did not ask if the 4 year correction has come to an end. The reason is that all indications are still that lower levels will be seen. But, it does not mean that the market cannot...
For the last several years, many of you may remember that my downside target box for the GLD was within the 98-105 region (with an ideal target of 98), for silver it was between 12.75-14.00 (with an ideal target of 12.75), and the GDX was...
As we head deeper and deeper into this correction in the gold market, I am seeing more and more fear mongering in the media, which suggests to people that they must buy gold now. Specifically, I have seen so much misinformation about our...
First, let’s review what happened in Cyprus so we have a basis from which we can work when we look at the situation in the United States. When the financial crisis hit the Cypriot banks, which were already in a poor fiscal position after...
They say that the definition of insanity is doing the same thing over and over, yet expecting a different result each time. By that definition, most of the analysts and market participants in the metals world are insane.
Years ago, I was a passenger on the most beautiful and elegant gold ship you have ever seen. It was equipped with every luxury known to man, and was the most stylish ship afloat. I was honored to be a passenger on this ship.
Sometimes, I like to look around the market to see what the mainstream analysts are saying about the metals world. Sadly, almost all, especially at my old stomping ground at Seeking Alpha, have had a strongly bullish bias, accompanied by...
For years now, each time the metals rallied, most in the market believed that the bottom was in. However, the lower we get, it seems that the crowd of those believing the bottom has been struck continues to shrink. Many more are still...
There is an old fallacy on Wall Street that gold is a safe haven during market declines. And, this week, I have heard it again more times than I can count. But, the problem with most people in the market is that they regurgitate sound-...
If you were to travel back in a time machine to just one year ago, how many market calls would you find for gold to break $1,000? I will give you a hint: It’s significantly less than the amount of bullish analysts left in the metals...
